£476,683
This estimated value is based upon the latest sale price for the house of £99,000 on 31 Mar 1998. 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 |
|---|---|
| £99,000 | 31 Mar 1998 |
| £75,500 | 29 Mar 1996 |
| Terraced |
| 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 March 1998 the House Price Index for GREATER LONDON was 31.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 381.499%.Applying this 381.499% change to the original purchase price of £99,000 results in an estimated price of approximately £476,683.
| 31 Mar 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 149.7 | 381.499 % | £99,000 | £377,683 | £476,683 |
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 | 507.594 % | £502,517 | £601,517 |
| 3 Month Average | 397.510 % | £393,535 | £492,535 |
| 6 Month Average | 369.411 % | £365,716 | £464,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £355,461 | £350,000 | 13 BERKELEY AVENUE |
| 17 Nov 2023 | £548,934 | £535,000 | 114 CHASE CROSS ROAD |
| 3 Nov 2023 | £430,939 | £420,000 | 114A CHASE CROSS ROAD |
| 21 Apr 2023 | £524,816 | £515,000 | 134 CHASE CROSS ROAD |
| 17 Apr 2023 | £422,910 | £415,000 | 136 CHASE CROSS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Berkeley Avenue |
| Apr 2024 | Public order | Under investigation | On or near Cardiff Close |
| Apr 2024 | Public order | Under investigation | On or near Chase Cross Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lawns Way |
| Apr 2024 | Drugs | Under investigation | On or near Lawns Way |