£426,050
This estimated value is based upon the latest sale price for the house of £320,000 on 26 Aug 2016. 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 |
|---|---|
| £320,000 | 26 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £320,000 results in an estimated price of approximately £426,050.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £320,000 | £106,050 | £426,050 |
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 | -30.495 % | £-97,585 | £222,414 |
| 3 Month Average | 1.716 % | £5,489 | £325,489 |
| 6 Month Average | 23.201 % | £74,243 | £394,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £455,828 | £450,000 | 49 SILVERMERE AVENUE |
| 30 Aug 2023 | £465,069 | £461,000 | 65 LARCHWOOD AVENUE |
| 25 Aug 2023 | £403,530 | £400,000 | 55 LARCHWOOD AVENUE |
| 11 Aug 2023 | £466,582 | £462,500 | 28 LARCHWOOD AVENUE |
| 18 Jan 2023 | £507,609 | £510,000 | 1 SILVERMERE AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 23 Jul 2016. Using an estimated price of £426,050 means this house is valued at £5,259 per sq meter (£488 per sq foot).
The average size of a house on VICTORIA AVENUE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Victoria Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silvermere Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Silvermere Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Silvermere Avenue |