£640,528
This estimated value is based upon the latest sale price for the house of £368,000 on 23 Sep 2011. 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 |
|---|---|
| £368,000 | 23 Sep 2011 |
| £368,000 | 23 Sep 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 138 sq meters or 1,493 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 September 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £368,000 results in an estimated price of approximately £640,528.
| 23 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £368,000 | £272,528 | £640,528 |
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 | 144.980 % | £533,527 | £901,527 |
| 3 Month Average | 101.617 % | £373,950 | £741,950 |
| 6 Month Average | 86.428 % | £318,055 | £686,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £666,480 | £646,000 | 40 RAVENSWOOD CLOSE |
| 25 Sep 2023 | £460,143 | £450,000 | 49 SILVERMERE AVENUE |
| 30 Jun 2023 | £433,691 | £425,000 | 18 RAVENSWOOD CLOSE |
| 7 Oct 2022 | £458,469 | £460,000 | 48 VICTORIA AVENUE |
| 25 Aug 2022 | £567,654 | £565,000 | 1 RAVENSWOOD CLOSE |
This house has a floor area of 138 sq meters or 1,493 sq feet when measured on 12 Jun 2011. Using an estimated price of £640,529 means this house is valued at £4,616 per sq meter (£428 per sq foot).
The average size of a house on HUNTERS GROVE is 94 sq meters (1,017 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Firbank Road |