£246,570
This estimated value is based upon the latest sale price for the house of £142,000 on 9 Dec 2011. 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 |
|---|---|
| £142,000 | 9 Dec 2011 |
| £128,500 | 1 Nov 2005 |
| £33,500 | 3 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £142,000 results in an estimated price of approximately £246,570.
| 9 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £142,000 | £104,570 | £246,570 |
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 | 120.026 % | £170,437 | £312,437 |
| 3 Month Average | 117.690 % | £167,119 | £309,119 |
| 6 Month Average | 112.479 % | £159,720 | £301,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2024 | £539,687 | £535,000 | 2A PLAYFIELD AVENUE |
| 2 Nov 2023 | £291,397 | £284,000 | 268 COLLIER ROW LANE |
| 1 Sep 2023 | £283,755 | £277,500 | 18A ERITH CRESCENT |
| 28 Nov 2022 | £273,720 | £275,000 | 7A ERITH CRESCENT |
| 22 Apr 2022 | £373,472 | £360,000 | 26 PLAYFIELD AVENUE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 22 Jan 2014. Using an estimated price of £246,570 means this house is valued at £5,246 per sq meter (£487 per sq foot).
The average size of a house on ERITH CRESCENT is 51 sq meters (552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Erith Crescent |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Erith Crescent |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Playfield Avenue |
| Oct 2024 | Burglary | Under investigation | On or near Fullers Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Fullers Close |