£412,504
This estimated value is based upon the latest sale price for the house of £286,500 on 28 Aug 2015. 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 |
---|---|
£286,500 | 28 Aug 2015 |
£199,995 | 10 Oct 2003 |
£59,000 | 31 Jan 1996 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 August 2015 the House Price Index for GREATER LONDON was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £286,500 results in an estimated price of approximately £412,504.
28 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £286,500 | £126,004 | £412,504 |
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 | 86.695 % | £248,381 | £534,881 |
3 Month Average | 39.284 % | £112,548 | £399,048 |
6 Month Average | 34.895 % | £99,975 | £386,475 |
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 |
23 Jun 2023 | £423,487 | £415,000 | 45 CORNELL WAY |
24 Jan 2022 | £376,370 | £355,000 | 27 MORANT GARDENS |
21 Sep 2021 | £461,367 | £425,000 | 306 LODGE LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 Apr 2014. Using an estimated price of £412,505 means this house is valued at £4,483 per sq meter (£416 per sq foot).
The average size of a house on MORANT GARDENS is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Morant Gardens |
Apr 2024 | Vehicle crime | Under investigation | On or near Cornell Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Patmore Way |
Apr 2024 | Anti-social behaviour | On or near Oates Road | |
Apr 2024 | Anti-social behaviour | On or near Oates Road |