£526,292
This estimated value is based upon the latest sale price for the house of £300,000 on 10 Feb 2006. 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 | 10 Feb 2006 |
| £140,000 | 22 Jan 1999 |
| £146,000 | 3 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 February 2006 the House Price Index for GREATER LONDON was 83.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 75.431%.Applying this 75.431% change to the original purchase price of £300,000 results in an estimated price of approximately £526,292.
| 10 Feb 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 146.7 | 75.431 % | £300,000 | £226,292 | £526,292 |
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 | 39.138 % | £117,413 | £417,413 |
| 3 Month Average | 80.361 % | £241,084 | £541,084 |
| 6 Month Average | 107.347 % | £322,041 | £622,041 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 17 Apr 2010.
The average size of a house on AVELON ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mount Pleasant Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chelmsford Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chelmsford Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hawkhurst Gardens |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hawkhurst Gardens |