£453,568
This estimated value is based upon the latest sale price for the house of £320,000 on 5 Oct 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 |
|---|---|
| £320,000 | 5 Oct 2015 |
| £210,000 | 3 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £320,000 results in an estimated price of approximately £453,568.
| 5 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £320,000 | £133,568 | £453,568 |
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 | 27.148 % | £86,873 | £406,873 |
| 3 Month Average | 56.363 % | £180,362 | £500,362 |
| 6 Month Average | 47.216 % | £151,089 | £471,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2024 | £530,000 | £530,000 | 73 GELSTHORPE ROAD |
| 25 Aug 2023 | £524,459 | £515,000 | 52 LYNWOOD DRIVE |
| 24 Mar 2023 | £488,152 | £480,000 | 68 LYNWOOD DRIVE |
| 20 Mar 2023 | £483,067 | £475,000 | 86 GELSTHORPE ROAD |
| 1 Jun 2022 | £419,467 | £410,500 | 31 LYNWOOD DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 Aug 2014. Using an estimated price of £453,569 means this house is valued at £5,531 per sq meter (£513 per sq foot).
The average size of a house on LYNWOOD DRIVE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynwood Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wembley Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wembley Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wembley Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wembley Close |