£399,422
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £300,000 | 19 Aug 2016 |
| £189,000 | 26 Jul 2013 |
| £79,000 | 28 Feb 2000 |
| £53,000 | 19 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £300,000 results in an estimated price of approximately £399,422.
| 19 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £300,000 | £99,422 | £399,422 |
The Postcode Pricing Model uses changes in average sales price within the SS6 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 | -6.678 % | £-20,033 | £279,966 |
| 3 Month Average | -1.809 % | £-5,426 | £294,573 |
| 6 Month Average | 13.695 % | £41,083 | £341,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £366,425 | £361,000 | 16 REGENT CLOSE |
| 22 Sep 2023 | £324,145 | £320,000 | 4 WIMARC CRESCENT |
| 12 Sep 2023 | £521,670 | £515,000 | 5 PEARSONS AVENUE |
| 24 Aug 2023 | £348,045 | £345,000 | 1 WIMARC CRESCENT |
| 17 Aug 2023 | £368,221 | £365,000 | 18 REGENT CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 18 Sep 2012. Using an estimated price of £399,422 means this house is valued at £4,075 per sq meter (£378 per sq foot).
The average size of a house on CHEAPSIDE WEST is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wimarc Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vernon Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vernon Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Vernon Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vernon Avenue |