£375,950
This estimated value is based upon the latest sale price for the house of £300,000 on 28 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 |
---|---|
£300,000 | 28 Mar 2018 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £300,000 results in an estimated price of approximately £375,950.
28 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £300,000 | £75,950 | £375,950 |
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 | -21.716 % | £-65,147 | £234,852 |
3 Month Average | 15.048 % | £45,142 | £345,142 |
6 Month Average | 21.768 % | £65,303 | £365,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £405,181 | £400,000 | 248 HIGHFIELD ROAD |
21 Jul 2023 | £392,280 | £387,000 | 441 HAVERING ROAD |
7 Jun 2023 | £415,027 | £410,000 | 22 ASHVALE GARDENS |
31 Mar 2023 | £398,757 | £395,000 | 30 MERLIN GARDENS |
27 Jan 2023 | £427,984 | £430,000 | 41 ASHVALE GARDENS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 May 2018. Using an estimated price of £375,951 means this house is valued at £4,272 per sq meter (£396 per sq foot).
The average size of a house on HIGHFIELD ROAD is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Ashvale Gardens | |
Dec 2023 | Anti-social behaviour | On or near Ashvale Gardens | |
Dec 2023 | Anti-social behaviour | On or near Ashvale Gardens | |
Dec 2023 | Anti-social behaviour | On or near Ashvale Gardens | |
Jan 2024 | Public order | Under investigation | On or near B175 |