£420,629
This estimated value is based upon the latest sale price for the house of £340,000 on 7 Mar 2018. 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 |
---|---|
£340,000 | 7 Mar 2018 |
£216,000 | 19 Sep 2008 |
£115,000 | 23 Feb 2001 |
£83,000 | 10 Jul 1998 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £340,000 results in an estimated price of approximately £420,629.
7 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 146.7 | 23.715 % | £340,000 | £80,629 | £420,629 |
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 | -63.272 % | £-215,123 | £124,876 |
3 Month Average | 9.397 % | £31,950 | £371,950 |
6 Month Average | 12.856 % | £43,711 | £383,711 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Sep 2017.
The average size of a house on GLENTON CLOSE is 94 sq meters (1,021 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glenton Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenton Way |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Campbell Close |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Helmsdale Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Helmsdale Road |