£447,128
This estimated value is based upon the latest sale price for the house of £264,995 on 29 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Academy Way
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620 Green Lane, Ilford, IG3 9SE
Phone: 02077681326
| Price Paid | Date |
|---|---|
| £264,995 | 29 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 776 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.731%.Applying this 68.731% change to the original purchase price of £264,995 results in an estimated price of approximately £447,128.
| 29 Mar 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 146.7 | 68.731 % | £264,995 | £182,133 | £447,128 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | 5.866 % | £15,544 | £280,539 |
| 3 Month Average | 84.442 % | £223,766 | £488,761 |
| 6 Month Average | 94.585 % | £250,645 | £515,640 |
This house has a floor area of 72 sq meters or 776 sq feet when measured on 21 Jul 2011.
The average size of a house on ACADEMY WAY is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Academy Way |
| Dec 2023 | Anti-social behaviour | On or near Academy Way | |
| Dec 2023 | Anti-social behaviour | On or near Academy Way | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Academy Way |
| Dec 2023 | Anti-social behaviour | On or near Academy Way |