£608,489
This estimated value is based upon the latest sale price for the house of £139,000 on 25 Jun 1999. 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 |
---|---|
£139,000 | 25 Jun 1999 |
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 June 1999 the House Price Index for GREATER LONDON was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £139,000 results in an estimated price of approximately £608,489.
25 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 148.6 | 337.762 % | £139,000 | £469,489 | £608,489 |
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 | 192.710 % | £267,866 | £406,866 |
3 Month Average | 289.051 % | £401,780 | £540,780 |
6 Month Average | 361.040 % | £501,845 | £640,845 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £587,275 | £577,000 | 13 PHILAN WAY |
24 Aug 2023 | £519,545 | £515,000 | 21 MOUNT PLEASANT ROAD |
14 Oct 2022 | £524,354 | £530,000 | 19A MOUNT PLEASANT ROAD |
7 Jul 2022 | £386,039 | £385,000 | 4 ASCENSION ROAD |
26 Apr 2022 | £381,026 | £370,000 | 30 BELLE VUE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ascension Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ascension Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chase Cross Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mount Pleasant Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cardiff Close |