£484,825
This estimated value is based upon the latest sale price for the house of £398,000 on 15 Jul 2020. 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 |
---|---|
£398,000 | 15 Jul 2020 |
£398,000 | 15 Jul 2020 |
£285,000 | 22 Jun 2015 |
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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £398,000 results in an estimated price of approximately £484,825.
15 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £398,000 | £86,825 | £484,825 |
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 | -71.014 % | £-282,637 | £115,362 |
3 Month Average | 5.630 % | £22,408 | £420,408 |
6 Month Average | 3.368 % | £13,406 | £411,406 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2022 | £256,687 | £250,000 | 91 WATERSIDE CLOSE |
29 Mar 2022 | £234,885 | £225,000 | 139 WATERSIDE CLOSE |
26 Feb 2021 | £174,974 | £153,000 | 75 WATERSIDE CLOSE |
15 Jul 2020 | £484,825 | £398,000 | 11 CAMPUS AVENUE |
30 Apr 2020 | £166,703 | £134,800 | 11 WATERSIDE CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 15 Jun 2015. Using an estimated price of £484,825 means this house is valued at £4,215 per sq meter (£391 per sq foot).
The average size of a house on CAMPUS AVENUE is 119 sq meters (1,286 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Provost Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Provost Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Provost Way |
Apr 2024 | Other theft | Under investigation | On or near Waterside Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Waterside Close |