£450,916
This estimated value is based upon the latest sale price for the house of £365,000 on 21 Mar 2019. 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 |
---|---|
£365,000 | 21 Mar 2019 |
£148,000 | 28 Jun 2002 |
£72,000 | 9 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £365,000 results in an estimated price of approximately £450,916.
21 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £365,000 | £85,916 | £450,916 |
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 | -28.410 % | £-103,697 | £261,302 |
3 Month Average | -1.633 % | £-5,960 | £359,039 |
6 Month Average | 13.618 % | £49,706 | £414,706 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £455,518 | £450,000 | 76 CLOCKHOUSE LANE |
19 Jun 2023 | £465,640 | £460,000 | 72 CLOCKHOUSE LANE |
28 Apr 2023 | £429,626 | £425,000 | 48 KINGSHILL AVENUE |
31 Mar 2023 | £429,042 | £425,000 | 139 CLOCKHOUSE LANE |
22 Aug 2022 | £383,966 | £385,000 | 147 CLOCKHOUSE LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 7 Dec 2018. Using an estimated price of £450,917 means this house is valued at £6,730 per sq meter (£625 per sq foot).
The average size of a house on LARCHWOOD CLOSE is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Larchwood Close |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Clockhouse Lane |
Jan 2024 | Vehicle crime | Under investigation | On or near Highfield Close |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Highfield Close |