£335,309
This estimated value is based upon the latest sale price for the house of £95,000 on 2 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been three burglaries within the last year on or near Paceheath Close
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27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
| Price Paid | Date |
|---|---|
| £95,000 | 2 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 sq feet |
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 February 2001 the House Price Index for GREATER LONDON was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £95,000 results in an estimated price of approximately £335,309.
| 2 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £95,000 | £240,309 | £335,309 |
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 | 322.420 % | £306,298 | £401,298 |
| 3 Month Average | 236.039 % | £224,237 | £319,237 |
| 6 Month Average | 242.133 % | £230,025 | £325,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £524,354 | £530,000 | 19A MOUNT PLEASANT ROAD |
| 27 Apr 2022 | £238,656 | £231,750 | 142 HIGHFIELD ROAD |
| 26 Apr 2022 | £432,516 | £420,000 | 175 HIGHFIELD ROAD |
| 6 Apr 2022 | £398,532 | £387,000 | 94 BELLE VUE ROAD |
| 14 Feb 2022 | £461,426 | £440,000 | 25A MOUNT PLEASANT ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Nov 2019. Using an estimated price of £335,310 means this house is valued at £5,987 per sq meter (£556 per sq foot).
The average size of a house on BELLEVUE ROAD is 93 sq meters (1,009 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Paceheath Close |
| Feb 2024 | Burglary | Under investigation | On or near Paceheath Close |
| Feb 2024 | Burglary | Under investigation | On or near Paceheath Close |
| Feb 2024 | Burglary | Under investigation | On or near Paceheath Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Highfield Road |