£457,302
This estimated value is based upon the latest sale price for the house of £375,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
27 Gobions Avenue, Romford, RM5 3SS
Phone: 01708954923
| Price Paid | Date |
|---|---|
| £375,000 | 22 Feb 2019 |
| £176,500 | 20 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.Applying this 21.947% change to the original purchase price of £375,000 results in an estimated price of approximately £457,302.
| 22 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £375,000 | £82,302 | £457,302 |
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 | -8.503 % | £-31,886 | £343,113 |
| 3 Month Average | -1.091 % | £-4,091 | £370,908 |
| 6 Month Average | 14.127 % | £52,975 | £427,975 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Oct 2018.
The average size of a house on PACEHEATH CLOSE is 134 sq meters (1,445 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mount Pleasant Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfield Road |
| Dec 2023 | Anti-social behaviour | On or near Highfield Road | |
| Dec 2023 | Anti-social behaviour | On or near Highfield Road | |
| Dec 2023 | Anti-social behaviour | On or near Highfield Road |