£397,626
This estimated value is based upon the latest sale price for the house of £326,000 on 24 Jan 2020. 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 |
|---|---|
| £326,000 | 24 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 January 2020 the House Price Index for ESSEX was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £326,000 results in an estimated price of approximately £397,626.
| 24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £326,000 | £71,626 | £397,626 |
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 | 40.763 % | £132,888 | £458,888 |
| 3 Month Average | 14.352 % | £46,785 | £372,785 |
| 6 Month Average | 6.148 % | £20,043 | £346,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £432,569 | £425,000 | 1 BRAMFIELD ROAD WEST |
| 4 Jan 2023 | £403,101 | £405,000 | 1 TUDOR CLOSE |
| 20 Jul 2022 | £376,012 | £375,000 | 12 SHERIDAN CLOSE |
| 22 Apr 2022 | £453,112 | £440,000 | 15 SHERIDAN CLOSE |
| 11 Feb 2022 | £214,982 | £205,000 | 93 GROVE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 4 Oct 2019. Using an estimated price of £397,627 means this house is valued at £4,141 per sq meter (£384 per sq foot).
The average size of a house on THE CHASE is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gilbert Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gilbert Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Popes Walk |
| Feb 2024 | Other theft | Local resolution | On or near Popes Walk |