£559,775
This estimated value is based upon the latest sale price for the house of £134,000 on 22 Oct 1999. 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 |
|---|---|
| £134,000 | 22 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 1999 the House Price Index for GREATER LONDON was 35.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 317.743%.Applying this 317.743% change to the original purchase price of £134,000 results in an estimated price of approximately £559,775.
| 22 Oct 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 149.7 | 317.743 % | £134,000 | £425,775 | £559,775 |
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 | 417.178 % | £559,018 | £693,018 |
| 3 Month Average | 328.028 % | £439,557 | £573,557 |
| 6 Month Average | 309.317 % | £414,484 | £548,484 |
| 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 Jun 2022 | £393,410 | £385,000 | 10 FOX CLOSE |
| 21 Feb 2022 | £422,583 | £400,000 | 22 OATES ROAD |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 20 Jul 2018. Using an estimated price of £559,776 means this house is valued at £3,756 per sq meter (£349 per sq foot).
The average size of a house on CORNELL WAY is 112 sq meters (1,207 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Apr 2024 | Anti-social behaviour | On or near Oates Road |