£668,993
This estimated value is based upon the latest sale price for the house of £120,000 on 26 Jul 1996. 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 Orange Tree Hill
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27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
| Price Paid | Date |
|---|---|
| £120,000 | 26 Jul 1996 |
| 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 July 1996 the House Price Index for GREATER LONDON was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £120,000 results in an estimated price of approximately £668,993.
| 26 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 148.6 | 457.495 % | £120,000 | £548,993 | £668,993 |
The Postcode Pricing Model uses changes in average sales price within the RM4 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 | 719.900 % | £863,879 | £983,879 |
| 3 Month Average | 496.606 % | £595,927 | £715,927 |
| 6 Month Average | 439.316 % | £527,179 | £647,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £335,877 | £330,000 | GLENDALE ORANGE TREE HILL |
| 12 Sep 2023 | £119,528 | £118,000 | 68 HIGHFIELD TOWERS HILLRISE ROAD |
| 31 Jul 2023 | £187,524 | £185,000 | 76 HIGHFIELD TOWERS HILLRISE ROAD |
| 7 Jun 2023 | £415,027 | £410,000 | 22 ASHVALE GARDENS |
| 27 Jan 2023 | £427,984 | £430,000 | 41 ASHVALE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Orange Tree Hill |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Kiln Wood Lane |