£298,249
This estimated value is based upon the latest sale price for the house of £84,500 on 8 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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13 Clockhouse Lane, Collier Row, Romford, RM5 3PH
Phone: 02080338916
Price Paid | Date |
---|---|
£84,500 | 8 Feb 2001 |
Terraced |
Freehold |
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 2001 the House Price Index for GREATER LONDON was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £84,500 results in an estimated price of approximately £298,249.
8 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 148.6 | 252.958 % | £84,500 | £213,749 | £298,249 |
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 | 141.044 % | £119,181 | £203,681 |
3 Month Average | 203.400 % | £171,872 | £256,372 |
6 Month Average | 243.032 % | £205,362 | £289,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £281,094 | £277,500 | 18A ERITH CRESCENT |
28 Nov 2022 | £271,709 | £275,000 | 7A ERITH CRESCENT |
4 Aug 2022 | £416,878 | £418,000 | 9 BURCHWALL CLOSE |
15 Jun 2022 | £466,594 | £460,000 | 32 CHASE CROSS ROAD |
9 Mar 2022 | £388,598 | £375,000 | 36 FULLERS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Erith Crescent |
Dec 2023 | Anti-social behaviour | On or near Erith Crescent | |
Dec 2023 | Anti-social behaviour | On or near Erith Crescent | |
Dec 2023 | Anti-social behaviour | On or near Erith Crescent | |
Dec 2023 | Anti-social behaviour | On or near Erith Crescent |