£413,844
This estimated value is based upon the latest sale price for the house of £335,000 on 28 Jan 2019. 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 |
|---|---|
| £335,000 | 28 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £335,000 results in an estimated price of approximately £413,844.
| 28 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £335,000 | £78,844 | £413,844 |
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 | 31.027 % | £103,940 | £438,940 |
| 3 Month Average | 11.198 % | £37,512 | £372,512 |
| 6 Month Average | 12.282 % | £41,143 | £376,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £455,828 | £450,000 | 49 SILVERMERE AVENUE |
| 31 Mar 2023 | £429,042 | £425,000 | 139 CLOCKHOUSE LANE |
| 15 Mar 2023 | £464,375 | £460,000 | 6 CONIFER AVENUE |
| 18 Jan 2023 | £507,609 | £510,000 | 1 SILVERMERE AVENUE |
| 7 Oct 2022 | £455,100 | £460,000 | 48 VICTORIA AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 Dec 2018. Using an estimated price of £413,844 means this house is valued at £4,812 per sq meter (£447 per sq foot).
The average size of a house on SILVERMERE AVENUE is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silvermere Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Hunter'S Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Victoria Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Avenue |
| Apr 2024 | Anti-social behaviour | On or near Clockhouse Lane |