£439,678
This estimated value is based upon the latest sale price for the house of £325,000 on 13 May 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 |
|---|---|
| £325,000 | 13 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £325,000 results in an estimated price of approximately £439,678.
| 13 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £325,000 | £114,678 | £439,678 |
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 | 94.755 % | £307,954 | £632,954 |
| 3 Month Average | 36.527 % | £118,711 | £443,711 |
| 6 Month Average | 24.484 % | £79,573 | £404,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £666,480 | £646,000 | 40 RAVENSWOOD CLOSE |
| 26 Sep 2023 | £429,467 | £420,000 | 221 CARTER DRIVE |
| 30 Jun 2023 | £433,691 | £425,000 | 18 RAVENSWOOD CLOSE |
| 31 Mar 2023 | £457,643 | £450,000 | 45 FIRBANK ROAD |
| 25 Aug 2022 | £567,654 | £565,000 | 1 RAVENSWOOD CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Mar 2016. Using an estimated price of £439,678 means this house is valued at £6,764 per sq meter (£628 per sq foot).
The average size of a house on FIRBANK ROAD is 82 sq meters (885 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 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 |
| Apr 2024 | Vehicle crime | Under investigation | On or near Thistledene Avenue |