£479,578
This estimated value is based upon the latest sale price for the house of £370,000 on 8 Mar 2017. 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 |
---|---|
£370,000 | 8 Mar 2017 |
£228,500 | 10 May 2012 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 970 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £370,000 results in an estimated price of approximately £479,578.
8 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £370,000 | £109,578 | £479,578 |
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 | 30.930 % | £114,441 | £484,441 |
3 Month Average | 13.889 % | £51,388 | £421,388 |
6 Month Average | 27.062 % | £100,127 | £470,127 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £465,069 | £461,000 | 65 LARCHWOOD AVENUE |
25 Aug 2023 | £403,530 | £400,000 | 55 LARCHWOOD AVENUE |
11 Aug 2023 | £466,582 | £462,500 | 28 LARCHWOOD AVENUE |
16 Mar 2023 | £431,061 | £427,000 | 71 DOMINION DRIVE |
4 Apr 2022 | £489,155 | £475,000 | 77 DOMINION DRIVE |
This house has a floor area of 90 sq meters or 970 sq feet when measured on 12 Jan 2012. Using an estimated price of £479,579 means this house is valued at £5,319 per sq meter (£494 per sq foot).
The average size of a house on DOMINION DRIVE is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Dominion Drive |
Jan 2024 | Theft from the person | Under investigation | On or near Dominion Drive |
Jan 2024 | Anti-social behaviour | On or near Dominion Drive | |
Jan 2024 | Anti-social behaviour | On or near Dominion Drive | |
Jan 2024 | Anti-social behaviour | On or near Dominion Drive |