£433,100
This estimated value is based upon the latest sale price for the house of £425,000 on 17 Apr 2023. 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 |
|---|---|
| £425,000 | 17 Apr 2023 |
| £208,000 | 7 Dec 2006 |
| 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 April 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £425,000 results in an estimated price of approximately £433,100.
| 17 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £425,000 | £8,100 | £433,100 |
The Postcode Pricing Model uses changes in average sales price within the RM1 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 | 4.863 % | £20,668 | £445,668 |
| 3 Month Average | 11.744 % | £49,913 | £474,913 |
| 6 Month Average | -3.230 % | £-13,726 | £411,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £294,525 | £290,000 | 173 CHELMSFORD AVENUE |
| 28 Apr 2023 | £326,099 | £320,000 | 117 CHELMSFORD AVENUE |
| 17 Apr 2023 | £433,101 | £425,000 | 3 TWEED GREEN |
| 20 Feb 2023 | £302,017 | £300,000 | 131 CHELMSFORD AVENUE |
| 4 Nov 2022 | £278,697 | £280,000 | 135 CHELMSFORD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tweed Way |
| Jun 2024 | Other theft | Under investigation | On or near Tweed Way |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Tweed Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moray Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Bower Close |