£428,890
This estimated value is based upon the latest sale price for the house of £286,500 on 19 Jan 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 |
|---|---|
| £286,500 | 19 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £286,500 results in an estimated price of approximately £428,890.
| 19 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £286,500 | £142,390 | £428,890 |
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 | 62.720 % | £179,692 | £466,192 |
| 3 Month Average | 64.057 % | £183,523 | £470,023 |
| 6 Month Average | 65.225 % | £186,870 | £473,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £429,000 | £429,000 | 71 LYNWOOD DRIVE |
| 25 Aug 2023 | £524,459 | £515,000 | 52 LYNWOOD DRIVE |
| 24 Mar 2023 | £488,152 | £480,000 | 68 LYNWOOD DRIVE |
| 1 Jun 2022 | £491,506 | £481,000 | 5 SHEILA ROAD |
| 1 Jun 2022 | £419,467 | £410,500 | 31 LYNWOOD DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Jul 2014. Using an estimated price of £428,890 means this house is valued at £5,294 per sq meter (£491 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 | Anti-social behaviour | On or near Sheila Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sheila Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sheila Close |
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Sheila Close |