£457,502
This estimated value is based upon the latest sale price for the house of £390,000 on 29 Oct 2020. 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 |
---|---|
£390,000 | 29 Oct 2020 |
£250,000 | 23 Jun 2014 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £390,000 results in an estimated price of approximately £457,502.
29 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £390,000 | £67,502 | £457,502 |
The Postcode Pricing Model uses changes in average sales price within the RM1 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 | -58.095 % | £-226,571 | £163,428 |
3 Month Average | 7.609 % | £29,674 | £419,674 |
6 Month Average | 7.652 % | £29,843 | £419,843 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £451,071 | £445,000 | 430 HAVERING ROAD |
28 Apr 2023 | £576,204 | £570,000 | 23 GLENTON WAY |
31 Mar 2023 | £646,087 | £640,000 | 36 GLENTON CLOSE |
10 Feb 2023 | £814,452 | £815,000 | 8 LOWER BEDFORDS ROAD |
3 Nov 2022 | £770,665 | £780,000 | 14 LOWER BEDFORDS ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Jul 2014. Using an estimated price of £457,502 means this house is valued at £4,867 per sq meter (£452 per sq foot).
The average size of a house on CAMPBELL CLOSE is 127 sq meters (1,373 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Campbell Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Chaseside Close |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glenton Close |
Jan 2024 | Anti-social behaviour | On or near Havering Road | |
Jan 2024 | Anti-social behaviour | On or near Havering Road |