£575,682
This estimated value is based upon the latest sale price for the house of £458,500 on 7 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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620 Green Lane, Ilford, IG3 9SE
Phone: 02077681326
| Price Paid | Date |
|---|---|
| £458,500 | 7 Nov 2017 |
| £250,000 | 22 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £458,500 results in an estimated price of approximately £575,682.
| 7 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £458,500 | £117,182 | £575,682 |
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 | 29.966 % | £137,393 | £595,893 |
| 3 Month Average | 14.361 % | £65,845 | £524,345 |
| 6 Month Average | 22.183 % | £101,711 | £560,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2020 | £493,388 | £405,000 | 19 FELLOWSHIP CLOSE |
| 15 Nov 2019 | £415,308 | £340,000 | FLAT 802 EXETER HOUSE, 41 ACADEMY WAY |
| 30 Aug 2019 | £343,167 | £280,000 | FLAT 513 CANTERBURY HOUSE, 1 HONOUR GARDENS |
| 5 Jun 2019 | £313,777 | £255,000 | FLAT 302 KEELE HOUSE, 43 ACADEMY WAY |
| 26 Mar 2019 | £334,669 | £272,000 | FLAT 414 CANTERBURY HOUSE, 1 HONOUR GARDENS |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 4 Aug 2014. Using an estimated price of £575,683 means this house is valued at £5,005 per sq meter (£465 per sq foot).
The average size of a house on COLLEGE WAY is 173 sq meters (1,867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Academy Way |
| Apr 2024 | Anti-social behaviour | On or near Academy Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Academy Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Academy Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Academy Way |