£513,748
This estimated value is based upon the latest sale price for the house of £385,000 on 26 Oct 2016. 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 |
---|---|
£385,000 | 26 Oct 2016 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £385,000 results in an estimated price of approximately £513,748.
26 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £385,000 | £128,748 | £513,748 |
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 | 40.894 % | £157,443 | £542,443 |
3 Month Average | 15.676 % | £60,352 | £445,352 |
6 Month Average | 12.000 % | £46,200 | £431,200 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £420,000 | £420,000 | 11 PATMORE WAY |
22 Nov 2023 | £439,147 | £428,000 | 37 CORNELL WAY |
26 Sep 2023 | £429,467 | £420,000 | 221 CARTER DRIVE |
23 Jun 2023 | £423,487 | £415,000 | 45 CORNELL WAY |
10 Mar 2023 | £406,793 | £400,000 | 150 CHARLOTTE GARDENS |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 9 May 2016. Using an estimated price of £513,748 means this house is valued at £4,317 per sq meter (£401 per sq foot).
The average size of a house on CHARLOTTE GARDENS is 99 sq meters (1,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Patmore Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Cornell Way |
Apr 2024 | Anti-social behaviour | On or near Oates Road | |
Apr 2024 | Anti-social behaviour | On or near Oates Road | |
Apr 2024 | Anti-social behaviour | On or near Oates Road |