£426,938
This estimated value is based upon the latest sale price for the house of £249,999 on 2 Jan 2013. 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 |
---|---|
£249,999 | 2 Jan 2013 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £249,999 results in an estimated price of approximately £426,938.
2 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £249,999 | £176,939 | £426,938 |
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 | 120.549 % | £301,370 | £551,369 |
3 Month Average | 92.448 % | £231,118 | £481,117 |
6 Month Average | 76.531 % | £191,327 | £441,326 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £332,553 | £325,000 | 44 BROCKLEY CRESCENT |
30 Jan 2023 | £355,951 | £355,000 | 101 CHASE CROSS ROAD |
28 Jan 2022 | £455,885 | £430,000 | 111 LAWNS WAY |
22 Oct 2021 | £462,587 | £415,000 | 9 IRONS WAY |
8 Oct 2021 | £523,894 | £470,000 | 82 LAWNS WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 22 Nov 2012. Using an estimated price of £426,939 means this house is valued at £3,745 per sq meter (£347 per sq foot).
The average size of a house on IRONS WAY is 101 sq meters (1,087 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Berkeley Avenue |
Apr 2024 | Burglary | Under investigation | On or near Sunny Mews |
Apr 2024 | Vehicle crime | Under investigation | On or near Brockley Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Brockley Crescent |
Apr 2024 | Drugs | Under investigation | On or near Lawns Way |