£327,710
This estimated value is based upon the latest sale price for the house of £205,000 on 25 Apr 2008. 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 |
---|---|
£205,000 | 25 Apr 2008 |
Terraced |
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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £205,000 results in an estimated price of approximately £327,710.
25 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £205,000 | £122,710 | £327,710 |
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 | 106.281 % | £217,876 | £422,876 |
3 Month Average | 82.408 % | £168,937 | £373,937 |
6 Month Average | 66.119 % | £135,544 | £340,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2024 | £575,000 | £575,000 | 64 GELSTHORPE ROAD |
20 Mar 2023 | £483,067 | £475,000 | 86 GELSTHORPE ROAD |
15 Feb 2023 | £468,127 | £465,000 | 19 CLOCKHOUSE LANE |
1 Jun 2022 | £419,467 | £410,500 | 31 LYNWOOD DRIVE |
31 Mar 2022 | £553,285 | £530,000 | 37 LYNWOOD DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 26 May 2017. Using an estimated price of £327,711 means this house is valued at £3,641 per sq meter (£338 per sq foot).
The average size of a house on GELSTHORPE ROAD is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Hampden Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hampden Road |
Apr 2024 | Robbery | Under investigation | On or near Hampden Road |
Apr 2024 | Anti-social behaviour | On or near Gelsthorpe Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gelsthorpe Road |