£388,577
This estimated value is based upon the latest sale price for the house of £315,000 on 14 Dec 2018. 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 |
|---|---|
| £315,000 | 14 Dec 2018 |
| £80,000 | 28 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £315,000 results in an estimated price of approximately £388,577.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £315,000 | £73,577 | £388,577 |
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 | -34.351 % | £-108,204 | £206,795 |
| 3 Month Average | -2.902 % | £-9,142 | £305,857 |
| 6 Month Average | 12.010 % | £37,831 | £352,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £366,411 | £360,000 | 9 BAMFORD WAY |
| 28 Apr 2023 | £333,592 | £330,000 | 34 CHARLOTTE GARDENS |
| 13 Jan 2023 | £398,125 | £400,000 | 3 BAMFORD WAY |
| 22 Nov 2022 | £419,914 | £425,000 | 10 BAMFORD WAY |
| 30 Sep 2022 | £411,676 | £415,000 | 41 NAVARRE GARDENS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Jun 2018. Using an estimated price of £388,577 means this house is valued at £5,396 per sq meter (£501 per sq foot).
The average size of a house on BROWNE CLOSE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fox Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fox Close |
| Dec 2023 | Burglary | Under investigation | On or near Grimstone Close |
| Jan 2024 | Other crime | Under investigation | On or near Charlotte Gardens |
| Jan 2024 | Anti-social behaviour | On or near Oates Road |