£425,421
This estimated value is based upon the latest sale price for the house of £226,000 on 18 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
| Price Paid | Date |
|---|---|
| £226,000 | 18 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £226,000 results in an estimated price of approximately £425,421.
| 18 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £226,000 | £199,421 | £425,421 |
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 | -40.082 % | £-90,585 | £135,414 |
| 3 Month Average | 77.484 % | £175,114 | £401,114 |
| 6 Month Average | 88.015 % | £198,913 | £424,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £380,116 | £375,000 | 1A TWEED GLEN |
| 17 Apr 2023 | £429,626 | £425,000 | 3 TWEED GREEN |
| 24 Mar 2023 | £211,997 | £210,000 | 8A MORAY WAY |
| 18 Aug 2022 | £643,268 | £645,000 | 2 TWEED WAY |
| 8 Jul 2022 | £310,837 | £310,000 | 345 HAVERING ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 26 Mar 2013. Using an estimated price of £425,421 means this house is valued at £4,090 per sq meter (£380 per sq foot).
The average size of a house on TWEED WAY is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Esk Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Moray Close |