£535,010
This estimated value is based upon the latest sale price for the house of £520,000 on 10 Jul 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Robin Close
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27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
| Price Paid | Date |
|---|---|
| £520,000 | 10 Jul 2023 |
| £262,000 | 30 Nov 2012 |
| £60,000 | 25 May 1995 |
| 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 July 2023 the House Price Index for GREATER LONDON was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £520,000 results in an estimated price of approximately £535,010.
| 10 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £520,000 | £15,010 | £535,010 |
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 | 7.688 % | £39,975 | £559,975 |
| 3 Month Average | 4.084 % | £21,235 | £541,235 |
| 6 Month Average | 4.444 % | £23,109 | £543,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £434,877 | £425,000 | 31 BOWER CLOSE |
| 14 Aug 2023 | £468,449 | £460,000 | 71 FAIRCROSS AVENUE |
| 26 Apr 2023 | £463,673 | £455,000 | 42 FAIRCROSS AVENUE |
| 4 Jan 2023 | £406,085 | £405,000 | 16 ROBIN CLOSE |
| 1 Jul 2022 | £285,359 | £282,500 | 17 GOBIONS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Robin Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Robin Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Bower Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bower Close |
| Jun 2024 | Anti-social behaviour | On or near Bower Close |