£200,407
This estimated value is based upon the latest sale price for the house of £38,000 on 3 Mar 1997. 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 |
|---|---|
| £38,000 | 3 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
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 March 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £38,000 results in an estimated price of approximately £200,407.
| 3 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 427.388 % | £38,000 | £162,407 | £200,407 |
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 | 484.669 % | £184,174 | £222,174 |
| 3 Month Average | 476.902 % | £181,222 | £219,222 |
| 6 Month Average | 459.225 % | £174,505 | £212,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £261,500 | £261,500 | 27A ERITH CRESCENT |
| 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 |
| 9 Mar 2022 | £391,475 | £375,000 | 36 FULLERS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Erith Crescent |
| Sep 2024 | Public order | Under investigation | On or near Erith Crescent |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Fullers Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Fullers Close |
| Oct 2024 | Burglary | Under investigation | On or near Fullers Close |