£278,775
This estimated value is based upon the latest sale price for the house of £164,995 on 22 Dec 2010. 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 |
|---|---|
| £164,995 | 22 Dec 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2010 the House Price Index for GREATER LONDON was 86.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £164,995 results in an estimated price of approximately £278,775.
| 22 Dec 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 146.7 | 68.960 % | £164,995 | £113,780 | £278,775 |
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 | 11.972 % | £19,753 | £184,748 |
| 3 Month Average | 80.345 % | £132,565 | £297,560 |
| 6 Month Average | 97.524 % | £160,909 | £325,904 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 11 Apr 2015.
The average size of a house on ACADEMY WAY is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Academy Way |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Academy Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Academy Way |