£623,749
This estimated value is based upon the latest sale price for the house of £370,000 on 15 May 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
Price Paid | Date |
---|---|
£370,000 | 15 May 2013 |
£148,000 | 29 Jul 1996 |
Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in May 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £370,000 results in an estimated price of approximately £623,749.
15 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.581 % | £370,000 | £253,749 | £623,749 |
The Postcode Pricing Model uses changes in average sales price within the RM5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 119.073 % | £440,569 | £810,569 |
3 Month Average | 90.664 % | £335,456 | £705,456 |
6 Month Average | 71.220 % | £263,515 | £633,515 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £595,292 | £577,000 | 13 PHILAN WAY |
30 Nov 2023 | £372,454 | £363,000 | 197 HIGHFIELD ROAD |
25 Aug 2023 | £432,806 | £425,000 | 9 AVELON ROAD |
24 Aug 2023 | £524,459 | £515,000 | 21 MOUNT PLEASANT ROAD |
14 Oct 2022 | £528,236 | £530,000 | 19A MOUNT PLEASANT ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Mount Pleasant Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Philan Way |
Apr 2024 | Burglary | Under investigation | On or near Hawkhurst Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawkhurst Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawkhurst Gardens |