£240,103
This estimated value is based upon the latest sale price for the house of £238,500 on 23 Feb 2023. 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 |
|---|---|
| £238,500 | 23 Feb 2023 |
| Flats/Maisonettes |
| Leasehold |
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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £238,500 results in an estimated price of approximately £240,103.
| 23 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £238,500 | £1,603 | £240,103 |
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 | -4.204 % | £-10,025 | £228,474 |
| 3 Month Average | -3.868 % | £-9,224 | £229,275 |
| 6 Month Average | 0.348 % | £829 | £239,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £305,949 | £299,000 | 5 CHELMSFORD AVENUE |
| 27 Apr 2023 | £315,909 | £310,000 | 248 CHASE CROSS ROAD |
| 23 Feb 2023 | £240,104 | £238,500 | 84 CHELMSFORD AVENUE |
| 23 Feb 2023 | £276,849 | £275,000 | 41 CHELMSFORD AVENUE |
| 26 Oct 2022 | £269,101 | £270,000 | 55 CHELMSFORD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Chelmsford Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chelmsford Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmsford Avenue |
| Sep 2024 | Anti-social behaviour | On or near Chelmsford Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Chelmsford Avenue |