£437,443
This estimated value is based upon the latest sale price for the house of £355,000 on 5 May 2020. 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 |
|---|---|
| £355,000 | 5 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £355,000 results in an estimated price of approximately £437,443.
| 5 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £355,000 | £82,443 | £437,443 |
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 | 21.182 % | £75,195 | £430,195 |
| 3 Month Average | 9.174 % | £32,569 | £387,569 |
| 6 Month Average | 7.121 % | £25,278 | £380,278 |
| 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 |
| 23 Jun 2023 | £459,202 | £450,000 | 76 CLOCKHOUSE LANE |
| 19 Jun 2023 | £469,407 | £460,000 | 72 CLOCKHOUSE LANE |
| 1 Mar 2023 | £518,662 | £510,000 | 35 HIGHFIELD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Oct 2019. Using an estimated price of £437,443 means this house is valued at £6,249 per sq meter (£580 per sq foot).
The average size of a house on HIGHFIELD CLOSE is 117 sq meters (1,265 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Staple Close |
| Apr 2024 | Public order | Under investigation | On or near Harlow Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Harlow Gardens |
| Apr 2024 | Other theft | Under investigation | On or near Harlow Gardens |