£560,047
This estimated value is based upon the latest sale price for the house of £450,000 on 24 Nov 2017. 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 |
|---|---|
| £450,000 | 24 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.455%.Applying this 24.455% change to the original purchase price of £450,000 results in an estimated price of approximately £560,047.
| 24 Nov 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 146.7 | 24.455 % | £450,000 | £110,047 | £560,047 |
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 | -60.764 % | £-273,438 | £176,561 |
| 3 Month Average | 4.349 % | £19,568 | £469,568 |
| 6 Month Average | 9.197 % | £41,386 | £491,386 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 27 May 2017.
The average size of a house on NEVIS CLOSE is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nevis Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Nevis Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glenton Close |