£467,043
This estimated value is based upon the latest sale price for the house of £350,000 on 12 Oct 2016. 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 |
|---|---|
| £350,000 | 12 Oct 2016 |
| £250,000 | 5 Jan 2010 |
| £275,000 | 17 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 907 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 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £350,000 results in an estimated price of approximately £467,043.
| 12 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £350,000 | £117,043 | £467,043 |
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 | 22.576 % | £79,017 | £429,017 |
| 3 Month Average | 23.234 % | £81,318 | £431,318 |
| 6 Month Average | 26.396 % | £92,387 | £442,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £509,424 | £505,000 | 4 HIGHFIELD CLOSE |
| 23 Jun 2023 | £459,202 | £450,000 | 76 CLOCKHOUSE LANE |
| 19 Jun 2023 | £469,407 | £460,000 | 72 CLOCKHOUSE LANE |
| 1 Mar 2023 | £518,662 | £510,000 | 35 HIGHFIELD ROAD |
| 11 Nov 2022 | £378,231 | £380,000 | 48 HIGHFIELD ROAD |
This house has a floor area of 84 sq meters or 907 sq feet when measured on 4 Nov 2009. Using an estimated price of £467,044 means this house is valued at £5,540 per sq meter (£514 per sq foot).
The average size of a house on CLOCKHOUSE LANE is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfield Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Staple Close |
| Oct 2024 | Anti-social behaviour | On or near Larchwood Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Staple Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Staple Close |