£560,048
This estimated value is based upon the latest sale price for the house of £417,500 on 12 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Firbank Road
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13 Clockhouse Lane, Collier Row, Romford, RM5 3PH
Phone: 02080338916
Price Paid | Date |
---|---|
£417,500 | 12 Jul 2016 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £417,500 results in an estimated price of approximately £560,048.
12 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £417,500 | £142,548 | £560,048 |
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 | 43.216 % | £180,427 | £597,927 |
3 Month Average | 23.649 % | £98,735 | £516,235 |
6 Month Average | 20.239 % | £84,497 | £501,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £666,480 | £646,000 | 40 RAVENSWOOD CLOSE |
30 Jun 2023 | £433,691 | £425,000 | 18 RAVENSWOOD CLOSE |
18 Apr 2023 | £257,822 | £253,000 | 2A FIRBANK ROAD |
15 Mar 2023 | £467,813 | £460,000 | 6 CONIFER AVENUE |
16 Jan 2023 | £452,208 | £451,000 | 189 CLOCKHOUSE LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 23 Mar 2016. Using an estimated price of £560,048 means this house is valued at £5,437 per sq meter (£505 per sq foot).
The average size of a house on RAVENSWOOD CLOSE is 100 sq meters (1,080 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Firbank Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Clockhouse Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Clockhouse Lane |
Apr 2024 | Vehicle crime | Under investigation | On or near Clockhouse Lane |