£501,349
This estimated value is based upon the latest sale price for the house of £500,000 on 26 Jul 2022. 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 |
|---|---|
| £500,000 | 26 Jul 2022 |
| £315,000 | 2 Jun 2015 |
| £118,000 | 25 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £500,000 results in an estimated price of approximately £501,349.
| 26 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £500,000 | £1,349 | £501,349 |
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 | -0.034 % | £-171 | £499,828 |
| 3 Month Average | -13.428 % | £-67,138 | £432,861 |
| 6 Month Average | -6.586 % | £-32,931 | £467,068 |
| 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 112 sq meters or 1,205 sq feet when measured on 12 Jan 2015. Using an estimated price of £501,350 means this house is valued at £4,476 per sq meter (£415 per sq foot).
The average size of a house on BROWNE CLOSE is 95 sq meters (1,026 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Fox Close | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Fox Close |
| 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 |
| Feb 2024 | Anti-social behaviour | On or near Bamford Way |