£367,805
This estimated value is based upon the latest sale price for the house of £64,000 on 30 Nov 1995. 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 |
|---|---|
| £64,000 | 30 Nov 1995 |
| Semi-Detached |
| 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 November 1995 the House Price Index for GREATER LONDON was 26.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.697%.Applying this 474.697% change to the original purchase price of £64,000 results in an estimated price of approximately £367,805.
| 30 Nov 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 149.7 | 474.697 % | £64,000 | £303,805 | £367,805 |
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 | 603.003 % | £385,921 | £449,921 |
| 3 Month Average | 474.083 % | £303,413 | £367,413 |
| 6 Month Average | 435.004 % | £278,402 | £342,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £377,566 | £370,000 | 135 HILLRISE ROAD |
| 28 Apr 2023 | £550,293 | £540,000 | 33 KINGSHILL AVENUE |
| 18 Apr 2023 | £443,291 | £435,000 | 2 CLITHEROE ROAD |
| 17 Dec 2021 | £518,068 | £480,000 | 37 KINGSHILL AVENUE |
| 17 Dec 2021 | £377,758 | £350,000 | 3 PRESTWOOD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Henneker Close |