£523,894
This estimated value is based upon the latest sale price for the house of £470,000 on 8 Oct 2021. 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 |
|---|---|
| £470,000 | 8 Oct 2021 |
| £265,000 | 15 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £470,000 results in an estimated price of approximately £523,894.
| 8 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £470,000 | £53,894 | £523,894 |
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 | 22.564 % | £106,051 | £576,051 |
| 3 Month Average | 21.468 % | £100,900 | £570,900 |
| 6 Month Average | 12.228 % | £57,470 | £527,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £355,461 | £350,000 | 13 BERKELEY AVENUE |
| 17 Nov 2023 | £548,934 | £535,000 | 114 CHASE CROSS ROAD |
| 3 Nov 2023 | £430,939 | £420,000 | 114A CHASE CROSS ROAD |
| 21 Apr 2023 | £524,816 | £515,000 | 134 CHASE CROSS ROAD |
| 17 Apr 2023 | £422,910 | £415,000 | 136 CHASE CROSS ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Jun 2021. Using an estimated price of £523,894 means this house is valued at £5,633 per sq meter (£523 per sq foot).
The average size of a house on LAWNS WAY is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Under investigation | On or near Irons Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Irons Way |
| Nov 2024 | Anti-social behaviour | On or near Virginia Close | |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gabriel Close |
| Oct 2024 | Other theft | Under investigation | On or near Felstead Road |