£377,420
This estimated value is based upon the latest sale price for the house of £224,500 on 13 Sep 2012. 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 |
|---|---|
| £224,500 | 13 Sep 2012 |
| £192,000 | 15 Mar 2004 |
| £65,500 | 31 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 937 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.116%.Applying this 68.116% change to the original purchase price of £224,500 results in an estimated price of approximately £377,420.
| 13 Sep 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.116 % | £224,500 | £152,920 | £377,420 |
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 | -35.282 % | £-79,207 | £145,292 |
| 3 Month Average | 88.597 % | £198,900 | £423,400 |
| 6 Month Average | 83.666 % | £187,829 | £412,329 |
This house has a floor area of 87 sq meters or 937 sq feet when measured on 15 Sep 2011.
The average size of a house on TWEED GREEN is 121 sq meters (1,312 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Esk Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Moray Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Broomfield Close |