£439,331
This estimated value is based upon the latest sale price for the house of £370,000 on 4 Sep 2020. 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 |
|---|---|
| £370,000 | 4 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £370,000 results in an estimated price of approximately £439,331.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £370,000 | £69,331 | £439,331 |
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 | -26.106 % | £-96,591 | £273,408 |
| 3 Month Average | -1.640 % | £-6,066 | £363,933 |
| 6 Month Average | 12.277 % | £45,424 | £415,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £425,440 | £420,000 | 221 CARTER DRIVE |
| 25 Sep 2023 | £455,828 | £450,000 | 49 SILVERMERE AVENUE |
| 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 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 May 2020. Using an estimated price of £439,331 means this house is valued at £5,561 per sq meter (£516 per sq foot).
The average size of a house on RAVENSWOOD CLOSE is 100 sq meters (1,080 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunter'S Grove |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silvermere Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Silvermere Avenue |