£255,113
This estimated value is based upon the latest sale price for the house of £178,500 on 11 Sep 2015. 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 |
---|---|
£178,500 | 11 Sep 2015 |
£130,000 | 17 Feb 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 712 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 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £178,500 results in an estimated price of approximately £255,113.
11 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £178,500 | £76,613 | £255,113 |
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 | 69.540 % | £124,129 | £302,629 |
3 Month Average | 42.728 % | £76,269 | £254,769 |
6 Month Average | 35.648 % | £63,631 | £242,131 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £509,424 | £505,000 | 4 HIGHFIELD CLOSE |
8 Mar 2024 | £177,731 | £175,000 | 8 HILLRISE ROAD |
16 Mar 2023 | £244,076 | £240,000 | 14 HILLRISE ROAD |
1 Mar 2023 | £518,662 | £510,000 | 35 HIGHFIELD ROAD |
8 Jun 2022 | £459,829 | £450,000 | 49 ASCENSION ROAD |
This house has a floor area of 66 sq meters or 712 sq feet when measured on 10 Feb 2011. Using an estimated price of £255,114 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on HIGHFIELD ROAD is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Staple Close |
Apr 2024 | Public order | Under investigation | On or near Harlow Gardens |
Apr 2024 | Other theft | Under investigation | On or near Harlow Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Harlow Gardens |