£616,170
This estimated value is based upon the latest sale price for the house of £490,000 on 30 Apr 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 |
|---|---|
| £490,000 | 30 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £490,000 results in an estimated price of approximately £616,170.
| 30 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £490,000 | £126,170 | £616,170 |
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 | 127.354 % | £624,034 | £1,114,034 |
| 3 Month Average | 42.138 % | £206,474 | £696,474 |
| 6 Month Average | 19.310 % | £94,618 | £584,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £509,424 | £505,000 | 4 HIGHFIELD CLOSE |
| 31 Oct 2023 | £425,668 | £416,000 | 12 LARCHWOOD CLOSE |
| 28 Apr 2023 | £433,101 | £425,000 | 48 KINGSHILL AVENUE |
| 31 Mar 2023 | £432,218 | £425,000 | 139 CLOCKHOUSE LANE |
| 18 Jan 2023 | £511,366 | £510,000 | 1 SILVERMERE AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 16 Aug 2011. Using an estimated price of £616,171 means this house is valued at £4,702 per sq meter (£436 per sq foot).
The average size of a house on CLOCKHOUSE LANE is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Clockhouse Lane | |
| Apr 2024 | Anti-social behaviour | On or near Clockhouse Lane | |
| Apr 2024 | Anti-social behaviour | On or near Clockhouse Lane | |
| Apr 2024 | Anti-social behaviour | On or near Clockhouse Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Staple Close |