£224,328
This estimated value is based upon the latest sale price for the house of £132,500 on 26 Nov 2010. 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 |
|---|---|
| £132,500 | 26 Nov 2010 |
| £110,527 | 6 Oct 2006 |
| £44,500 | 14 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 November 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.305%.Applying this 69.305% change to the original purchase price of £132,500 results in an estimated price of approximately £224,328.
| 26 Nov 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.305 % | £132,500 | £91,828 | £224,328 |
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 | 15.192 % | £20,130 | £152,630 |
| 3 Month Average | 54.035 % | £71,596 | £204,096 |
| 6 Month Average | 79.470 % | £105,297 | £237,797 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Jul 2020.
The average size of a house on CHELMSFORD AVENUE is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Broomfield Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Galleywood Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Galleywood Crescent |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Galleywood Crescent |
| Jan 2024 | Vehicle crime | Under investigation | On or near Galleywood Crescent |