£377,157
This estimated value is based upon the latest sale price for the house of £350,000 on 21 Sep 2021. 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 |
|---|---|
| £350,000 | 21 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £350,000 results in an estimated price of approximately £377,157.
| 21 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £350,000 | £27,157 | £377,157 |
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 | -37.136 % | £-129,976 | £220,023 |
| 3 Month Average | 9.680 % | £33,880 | £383,880 |
| 6 Month Average | -5.222 % | £-18,275 | £331,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £385,184 | £380,000 | 58 BROOMFIELD |
| 24 Mar 2023 | £317,996 | £315,000 | 21 SPRINGFIELD |
| 2 Mar 2023 | £459,327 | £455,000 | 23 SPRINGFIELD |
| 27 Feb 2023 | £338,272 | £338,500 | 46 BROOMFIELD |
| 10 Jun 2022 | £471,666 | £465,000 | 41 WESTWOOD GARDENS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Oct 2019. Using an estimated price of £377,157 means this house is valued at £5,714 per sq meter (£530 per sq foot).
The average size of a house on SPRINGFIELD is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hedge Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomfield |
| Jan 2024 | Anti-social behaviour | On or near Broomfield | |
| Jan 2024 | Anti-social behaviour | On or near Broomfield | |
| Jan 2024 | Anti-social behaviour | On or near Broomfield |