£730,733
This estimated value is based upon the latest sale price for the house of £593,000 on 27 Nov 2018. 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 |
---|---|
£593,000 | 27 Nov 2018 |
£152,500 | 25 Apr 1997 |
Detached |
Freehold |
Floor Area: 165 sq meters or 1,776 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 November 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £593,000 results in an estimated price of approximately £730,733.
27 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £593,000 | £137,733 | £730,733 |
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 | -22.964 % | £-136,177 | £456,822 |
3 Month Average | -14.774 % | £-87,612 | £505,387 |
6 Month Average | 2.792 % | £16,557 | £609,557 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £938,208 | £930,000 | GLADSTONE VILLA GLADSTONE GARDENS |
20 Jun 2023 | £465,640 | £460,000 | 31 KINGSWOOD CRESCENT |
7 Apr 2022 | £921,670 | £895,000 | 18 EASTERN ROAD |
25 Mar 2022 | £580,307 | £560,000 | 20 EASTERN ROAD |
27 Jan 2022 | £649,862 | £617,500 | 18 HOLLY TREE GARDENS |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 14 Jul 2016. Using an estimated price of £730,733 means this house is valued at £4,428 per sq meter (£411 per sq foot).
The average size of a house on EASTERN ROAD is 136 sq meters (1,466 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hollytree Gardens |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Wheatley Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Wheatley Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Weir Farm Road |
Feb 2024 | Public order | Unable to prosecute suspect | On or near High Road |