£327,044
This estimated value is based upon the latest sale price for the house of £270,000 on 2 Sep 2019. 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 |
|---|---|
| £270,000 | 2 Sep 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 748 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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.128%.Applying this 21.128% change to the original purchase price of £270,000 results in an estimated price of approximately £327,044.
| 2 Sep 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.128 % | £270,000 | £57,044 | £327,044 |
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 | -29.932 % | £-80,815 | £189,184 |
| 3 Month Average | 16.099 % | £43,466 | £313,466 |
| 6 Month Average | 22.781 % | £61,508 | £331,508 |
This house has a floor area of 69 sq meters or 748 sq feet when measured on 27 Sep 2011.
The average size of a house on GALLEYWOOD CRESCENT is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Galleywood Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Galleywood Crescent |