£473,835
This estimated value is based upon the latest sale price for the house of £293,000 on 26 Jun 2008. 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 |
---|---|
£293,000 | 26 Jun 2008 |
Terraced |
Freehold |
Floor Area: 39 sq meters or 425 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 June 2008 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £293,000 results in an estimated price of approximately £473,835.
26 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.719 % | £293,000 | £180,835 | £473,835 |
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 | -47.796 % | £-140,041 | £152,958 |
3 Month Average | 73.062 % | £214,071 | £507,071 |
6 Month Average | 71.364 % | £209,095 | £502,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £278,752 | £275,000 | FLAT 2 HAMPTON COURT, 2 HYDE CLOSE |
16 Jan 2023 | £202,048 | £203,000 | FLAT 27 GREEN PARK COURT, 16 KEW CLOSE |
9 Nov 2022 | £410,033 | £415,000 | 6 KEW CLOSE |
15 Sep 2022 | £282,717 | £285,000 | FLAT 6 HAMPTON COURT, 2 HYDE CLOSE |
23 Aug 2022 | £274,262 | £275,000 | FLAT 15 GREEN PARK COURT, 16 KEW CLOSE |
This house has a floor area of 39 sq meters or 425 sq feet when measured on 26 Jan 2009. Using an estimated price of £473,835 means this house is valued at £11,992 per sq meter (£1,114 per sq foot).
The average size of a house on HYDE CLOSE is 81 sq meters (874 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (425 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Hyde Mews | |
Jan 2024 | Anti-social behaviour | On or near Hyde Mews | |
Jan 2024 | Anti-social behaviour | On or near Hyde Mews | |
Dec 2023 | Anti-social behaviour | On or near Hyde Mews | |
Dec 2023 | Anti-social behaviour | On or near Hyde Mews |