£450,901
This estimated value is based upon the latest sale price for the house of £339,995 on 1 Jul 2016. 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 |
|---|---|
| £339,995 | 1 Jul 2016 |
| £249,000 | 25 Jul 2014 |
| £155,500 | 8 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,050 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £339,995 results in an estimated price of approximately £450,901.
| 1 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.620 % | £339,995 | £110,906 | £450,901 |
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 | 29.710 % | £101,012 | £441,007 |
| 3 Month Average | 14.664 % | £49,858 | £389,853 |
| 6 Month Average | 24.143 % | £82,085 | £422,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £454,297 | £450,000 | 33 CLITHEROE ROAD |
| 9 Jun 2023 | £373,025 | £370,000 | 135 HILLRISE ROAD |
| 28 Apr 2023 | £544,044 | £540,000 | 33 KINGSHILL AVENUE |
| 18 Apr 2023 | £438,257 | £435,000 | 2 CLITHEROE ROAD |
| 17 Dec 2021 | £512,185 | £480,000 | 37 KINGSHILL AVENUE |
This house has a floor area of 97 sq meters or 1,050 sq feet when measured on 26 Jan 2009. Using an estimated price of £450,901 means this house is valued at £4,621 per sq meter (£429 per sq foot).
The average size of a house on KINGSHILL AVENUE is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Kingshill Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingshill Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Kingshill Avenue |
| Jan 2024 | Anti-social behaviour | On or near Kingshill Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Kingshill Avenue |