£541,371
This estimated value is based upon the latest sale price for the house of £435,000 on 29 Mar 2019. 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 |
|---|---|
| £435,000 | 29 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 857 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £435,000 results in an estimated price of approximately £541,371.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £435,000 | £106,371 | £541,371 |
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 | 32.427 % | £141,057 | £576,057 |
| 3 Month Average | 24.900 % | £108,313 | £543,313 |
| 6 Month Average | 22.668 % | £98,604 | £533,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £469,073 | £465,000 | 82 BELLE VUE ROAD |
| 9 Jun 2023 | £377,566 | £370,000 | 135 HILLRISE ROAD |
| 8 Jun 2022 | £459,829 | £450,000 | 49 ASCENSION ROAD |
| 27 Apr 2022 | £240,423 | £231,750 | 142 HIGHFIELD ROAD |
| 26 Apr 2022 | £435,717 | £420,000 | 175 HIGHFIELD ROAD |
This house has a floor area of 79 sq meters or 857 sq feet when measured on 25 Jan 2010. Using an estimated price of £541,372 means this house is valued at £6,796 per sq meter (£631 per sq foot).
The average size of a house on HIGHFIELD ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highfield Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highfield Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hendon Gardens |
| Jul 2024 | Anti-social behaviour | On or near Henneker Close | |
| Jun 2024 | Anti-social behaviour | On or near Henneker Close |