£395,535
This estimated value is based upon the latest sale price for the house of £271,000 on 22 May 2015. 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 |
---|---|
£271,000 | 22 May 2015 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £271,000 results in an estimated price of approximately £395,535.
22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £271,000 | £124,535 | £395,535 |
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 | -23.551 % | £-63,823 | £207,176 |
3 Month Average | 21.290 % | £57,695 | £328,695 |
6 Month Average | 43.308 % | £117,365 | £388,365 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £455,828 | £450,000 | 49 SILVERMERE AVENUE |
15 Mar 2023 | £464,375 | £460,000 | 6 CONIFER AVENUE |
18 Jan 2023 | £507,609 | £510,000 | 1 SILVERMERE AVENUE |
22 Aug 2022 | £383,966 | £385,000 | 147 CLOCKHOUSE LANE |
20 May 2022 | £321,049 | £315,000 | 22 VICTORIA AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 Mar 2015. Using an estimated price of £395,535 means this house is valued at £4,653 per sq meter (£432 per sq foot).
The average size of a house on SILVERMERE AVENUE is 89 sq meters (965 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
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 Hunter'S Grove |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Victoria Avenue |