£504,384
This estimated value is based upon the latest sale price for the house of £380,000 on 25 Nov 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 |
|---|---|
| £380,000 | 25 Nov 2016 |
| £225,000 | 5 Dec 2012 |
| £230,000 | 24 Sep 2010 |
| £195,000 | 27 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £380,000 results in an estimated price of approximately £504,384.
| 25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £380,000 | £124,384 | £504,384 |
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 | 40.196 % | £152,744 | £532,744 |
| 3 Month Average | 32.943 % | £125,182 | £505,182 |
| 6 Month Average | 27.344 % | £103,906 | £483,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £509,424 | £505,000 | 4 HIGHFIELD CLOSE |
| 31 Oct 2023 | £425,668 | £416,000 | 12 LARCHWOOD CLOSE |
| 23 Jun 2023 | £459,202 | £450,000 | 76 CLOCKHOUSE LANE |
| 19 Jun 2023 | £469,407 | £460,000 | 72 CLOCKHOUSE LANE |
| 28 Apr 2023 | £433,101 | £425,000 | 48 KINGSHILL AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Jun 2016. Using an estimated price of £504,385 means this house is valued at £6,636 per sq meter (£616 per sq foot).
The average size of a house on LARCHWOOD CLOSE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Larchwood Close | |
| Sep 2024 | Anti-social behaviour | On or near Larchwood Close | |
| Sep 2024 | Anti-social behaviour | On or near Larchwood Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Staple Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Staple Close |