£422,740
This estimated value is based upon the latest sale price for the house of £265,000 on 28 Feb 2014. 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 |
|---|---|
| £265,000 | 28 Feb 2014 |
| £245,000 | 16 May 2011 |
| £249,995 | 4 May 2007 |
| £82,000 | 3 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 892 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £265,000 results in an estimated price of approximately £422,740.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £265,000 | £157,740 | £422,740 |
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 | 106.327 % | £281,766 | £546,766 |
| 3 Month Average | 75.888 % | £201,103 | £466,103 |
| 6 Month Average | 63.953 % | £169,475 | £434,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £355,461 | £350,000 | 117 CARTER DRIVE |
| 25 Aug 2023 | £524,459 | £515,000 | 52 LYNWOOD DRIVE |
| 24 Mar 2023 | £488,152 | £480,000 | 68 LYNWOOD DRIVE |
| 1 Mar 2023 | £477,982 | £470,000 | 22 JUDITH AVENUE |
| 5 Jan 2022 | £431,501 | £407,000 | 100 LYNWOOD DRIVE |
This house has a floor area of 82 sq meters or 892 sq feet when measured on 27 Jan 2011. Using an estimated price of £422,740 means this house is valued at £5,101 per sq meter (£473 per sq foot).
The average size of a house on LYNWOOD DRIVE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Judith Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Lynwood Drive |