£424,564
This estimated value is based upon the latest sale price for the house of £352,500 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Park Chase
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £352,500 | 20 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £352,500 results in an estimated price of approximately £424,564.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £352,500 | £72,064 | £424,564 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | -25.348 % | £-89,350 | £263,149 |
| 3 Month Average | 19.626 % | £69,183 | £421,683 |
| 6 Month Average | 8.265 % | £29,133 | £381,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £220,000 | £220,000 | FLAT 1 THE HAWTHORNS MEADOW ROAD |
| 31 Mar 2023 | £136,284 | £135,000 | FLAT 25 SANDRINGHAM COURT, 503 LONDON ROAD |
| 4 Aug 2022 | £663,215 | £665,000 | 6 CASTLE ROAD |
| 27 May 2022 | £160,525 | £157,500 | FLAT 26 SANDRINGHAM COURT, 503 LONDON ROAD |
| 31 Mar 2022 | £202,071 | £195,000 | FLAT 4 SANDRINGHAM COURT, 503 LONDON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Sep 2019. Using an estimated price of £424,564 means this house is valued at £6,531 per sq meter (£606 per sq foot).
The average size of a house on PARK CHASE is 105 sq meters (1,132 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Chase |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Chase |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Road |
| Mar 2024 | Other theft | Under investigation | On or near Ash Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ash Road |