£398,669
This estimated value is based upon the latest sale price for the house of £240,000 on 25 Jul 2013. 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 |
|---|---|
| £240,000 | 25 Jul 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £240,000 results in an estimated price of approximately £398,669.
| 25 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £240,000 | £158,669 | £398,669 |
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 | 113.597 % | £272,632 | £512,632 |
| 3 Month Average | 72.368 % | £173,682 | £413,682 |
| 6 Month Average | 80.489 % | £193,173 | £433,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £455,518 | £450,000 | 76 CLOCKHOUSE LANE |
| 19 Jun 2023 | £465,640 | £460,000 | 72 CLOCKHOUSE LANE |
| 1 Mar 2023 | £514,851 | £510,000 | 35 HIGHFIELD ROAD |
| 11 Nov 2022 | £375,452 | £380,000 | 48 HIGHFIELD ROAD |
| 9 May 2022 | £461,700 | £453,000 | 64 HIGHFIELD ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 26 Mar 2013. Using an estimated price of £398,669 means this house is valued at £4,429 per sq meter (£411 per sq foot).
The average size of a house on CLOCKHOUSE LANE is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burland Road |
| Apr 2024 | Other theft | Under investigation | On or near Burland Road |
| Jan 2024 | Other theft | Under investigation | On or near Burland Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Wembley Close |
| Feb 2024 | Other crime | Under investigation | On or near Wembley Close |