£342,041
This estimated value is based upon the latest sale price for the house of £220,000 on 12 Oct 2007. 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 |
|---|---|
| £220,000 | 12 Oct 2007 |
| £112,000 | 20 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £220,000 results in an estimated price of approximately £342,041.
| 12 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £220,000 | £122,041 | £342,041 |
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 | 114.182 % | £251,201 | £471,201 |
| 3 Month Average | 68.323 % | £150,310 | £370,310 |
| 6 Month Average | 75.979 % | £167,154 | £387,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £479,518 | £475,000 | 86 GELSTHORPE ROAD |
| 15 Feb 2023 | £464,687 | £465,000 | 19 CLOCKHOUSE LANE |
| 1 Jun 2022 | £416,384 | £410,500 | 31 LYNWOOD DRIVE |
| 31 Mar 2022 | £549,219 | £530,000 | 37 LYNWOOD DRIVE |
| 30 Sep 2021 | £506,468 | £470,000 | 12 LYNWOOD DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Sep 2020. Using an estimated price of £342,041 means this house is valued at £5,182 per sq meter (£481 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 | Robbery | Under investigation | On or near Hampden Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hampden Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Gelsthorpe Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gelsthorpe Road |