40, Academy Way
40, Academy Way
Description & Estimates
40, Academy Way, Loughton is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Academy Way, Loughton is £391,013 and its rental estimate is £1,785 per month, given the available information and assuming reasonable condition.
Academy Way, Loughton, IG10 falls within the IG10 postal district, in the borough of Epping Forest.
Our Data Sources
40, Academy Way, Loughton has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Academy Way, Loughton, we estimate a market value of £410,564 and a rental value of £1,874 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £363,642 and £1,660 per month respectively.
Recent Market Change
Over the last year, 40, Academy Way, Loughton has seen its estimated sale value decline by £2,619 (0.7%) and its estimated rental value climb by £61 per month (3.4%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
40, Academy Way, Loughton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Academy Way, Loughton completed on 27th April 2023 at £364,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.6% over the period since April 2023.
- Sold Apr 2023£364,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Academy Way, Loughton have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2023, was 20, Academy Way, Loughton, IG10 3GS, a leasehold flat which sold for £360,000.
Read more about house prices in IG10.
- Sold Dec 2023£360,000 | 2 Bed Flat20, Academy Way, Loughton, IG10 3GS20, Academy Way, Loughton, IG10 3GS
- Sold May 2023£390,000 | 2 Bed Flat35, Academy Way, Loughton, IG10 3GS35, Academy Way, Loughton, IG10 3GS
- Sold Apr 2023£389,500 | 2 Bed Flat30, Academy Way, Loughton, IG10 3GS30, Academy Way, Loughton, IG10 3GS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 139 addresses on Academy Way, Loughton, IG10, 40, Academy Way, Loughton comes out as the 75th largest and the 79th most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the IG10 district.
More reading links
Schools Nearby
- 600mThomas Willingale Primary School and Nursery
- 800mSt John Fisher Catholic Primary School
- 800mThe Alderton Junior School
- 1.1kmDebden Park High School
- 1.5kmRoding Valley High School
- 1.7kmDavenant Foundation School
More reading links
Public Transport Nearby
From 40, Academy Way, Loughton, the nearest station is Debden, 600 metres away.
- 600mDebden
- 1.6kmLoughton
- 3.1kmTheydon Bois
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
