£239,519
This estimated value is based upon the latest sale price for the house of £160,000 on 16 Jan 2015. 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 |
|---|---|
| £160,000 | 16 Jan 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 January 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £160,000 results in an estimated price of approximately £239,519.
| 16 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £160,000 | £79,519 | £239,519 |
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 | 62.720 % | £100,352 | £260,352 |
| 3 Month Average | 64.057 % | £102,491 | £262,491 |
| 6 Month Average | 65.225 % | £104,360 | £264,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £390,000 | £390,000 | 17 VERNON ROAD |
| 1 Nov 2023 | £250,868 | £244,500 | 171 HILLRISE ROAD |
| 9 Jun 2023 | £377,566 | £370,000 | 135 HILLRISE ROAD |
| 7 Jul 2022 | £386,877 | £383,000 | 176 HILLRISE ROAD |
| 8 Jun 2022 | £371,951 | £364,000 | 12 HAWKHURST GARDENS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Aug 2014. Using an estimated price of £239,520 means this house is valued at £3,574 per sq meter (£332 per sq foot).
The average size of a house on HIGHFIELD LINK is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Highfield Link |
| Oct 2024 | Public order | Under investigation | On or near Highfield Link |
| Aug 2024 | Anti-social behaviour | On or near Highfield Link | |
| Aug 2024 | Anti-social behaviour | On or near Highfield Link | |
| Aug 2024 | Anti-social behaviour | On or near Highfield Link |