£457,396
This estimated value is based upon the latest sale price for the house of £395,600 on 15 Dec 2020. 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 |
|---|---|
| £395,600 | 15 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £395,600 results in an estimated price of approximately £457,396.
| 15 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £395,600 | £61,796 | £457,396 |
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 | 17.382 % | £68,762 | £464,362 |
| 3 Month Average | 21.518 % | £85,124 | £480,724 |
| 6 Month Average | 20.834 % | £82,420 | £478,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £390,000 | £390,000 | 164 CHASE CROSS ROAD |
| 22 Mar 2024 | £355,461 | £350,000 | 13 BERKELEY AVENUE |
| 23 Nov 2023 | £333,465 | £325,000 | 142 CHASE CROSS ROAD |
| 17 Nov 2023 | £548,934 | £535,000 | 114 CHASE CROSS ROAD |
| 3 Nov 2023 | £430,939 | £420,000 | 114A CHASE CROSS ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 25 Sep 2017. Using an estimated price of £457,396 means this house is valued at £4,012 per sq meter (£372 per sq foot).
The average size of a house on CHASE CROSS ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Cardiff Close | |
| Aug 2024 | Anti-social behaviour | On or near Cardiff Close | |
| Aug 2024 | Anti-social behaviour | On or near Cardiff Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Philan Way |
| Oct 2024 | Vehicle crime | Under investigation | On or near Philan Way |