£426,942
This estimated value is based upon the latest sale price for the house of £395,000 on 18 Jun 2021. 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
More crime details
Get our free house price tracker.
13 Clockhouse Lane, Collier Row, Romford, RM5 3PH
Phone: 02080338916
Price Paid | Date |
---|---|
£395,000 | 18 Jun 2021 |
£370,000 | 8 Apr 2016 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £395,000 results in an estimated price of approximately £426,942.
18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £395,000 | £31,942 | £426,942 |
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 | 24.545 % | £96,954 | £491,954 |
3 Month Average | 2.799 % | £11,054 | £406,054 |
6 Month Average | -4.569 % | £-18,045 | £376,954 |
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 80 sq meters or 861 sq feet when measured on 24 Nov 2015. Using an estimated price of £426,942 means this house is valued at £5,336 per sq meter (£495 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 | Vehicle crime | Under investigation | On or near Clockhouse Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Clockhouse Lane |