£426,487
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Feb 2006. 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 |
|---|---|
| £240,000 | 24 Feb 2006 |
| 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 2006 the House Price Index for GREATER LONDON was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £240,000 results in an estimated price of approximately £426,487.
| 24 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £240,000 | £186,487 | £426,487 |
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 | 39.138 % | £93,931 | £333,931 |
| 3 Month Average | 80.361 % | £192,867 | £432,867 |
| 6 Month Average | 107.347 % | £257,633 | £497,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £430,211 | £425,000 | 18 RAVENSWOOD CLOSE |
| 31 Mar 2023 | £454,280 | £450,000 | 45 FIRBANK ROAD |
| 25 Aug 2022 | £563,483 | £565,000 | 1 RAVENSWOOD CLOSE |
| 31 May 2022 | £122,305 | £120,000 | 16A FIRBANK ROAD |
| 7 Dec 2021 | £246,417 | £230,000 | 20 FIRBANK ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 27 Jun 2013. Using an estimated price of £426,487 means this house is valued at £4,585 per sq meter (£426 per sq foot).
The average size of a house on FIRBANK ROAD is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenswood Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenswood Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clockhouse Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lulworth Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunter'S Grove |