£695,223
This estimated value is based upon the latest sale price for the house of £482,500 on 8 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 |
|---|---|
| £482,500 | 8 May 2015 |
| £200,000 | 6 May 2014 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 Feb 2024 is 146.7 which is a change of 44.088%.Applying this 44.088% change to the original purchase price of £482,500 results in an estimated price of approximately £695,223.
| 8 May 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 146.7 | 44.088 % | £482,500 | £212,723 | £695,223 |
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 % | £-113,634 | £368,865 |
| 3 Month Average | 21.290 % | £102,724 | £585,224 |
| 6 Month Average | 43.308 % | £208,962 | £691,462 |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 12 Jan 2015.
The average size of a house on FELSTEAD ROAD is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Burland Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Burland Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Laceman Mews |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Felstead Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Highfield Close |