£373,505
This estimated value is based upon the latest sale price for the house of £372,500 on 26 Jul 2022. 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 |
|---|---|
| £372,500 | 26 Jul 2022 |
| £264,000 | 25 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2022 the House Price Index for ESSEX was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £372,500 results in an estimated price of approximately £373,505.
| 26 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £372,500 | £1,005 | £373,505 |
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 | -41.001 % | £-152,729 | £219,770 |
| 3 Month Average | -27.571 % | £-102,703 | £269,796 |
| 6 Month Average | -12.090 % | £-45,033 | £327,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £233,456 | £230,000 | 21 CRESWICK AVENUE |
| 23 Nov 2023 | £390,786 | £385,000 | 20 THE APPROACH |
| 3 Nov 2023 | £487,213 | £480,000 | 12 GLEBE DRIVE |
| 25 Aug 2023 | £418,663 | £415,000 | 53 GLEBE DRIVE |
| 20 Jan 2023 | £418,031 | £420,000 | 4 GLEBE DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 Jul 2015. Using an estimated price of £373,505 means this house is valued at £4,611 per sq meter (£428 per sq foot).
The average size of a house on GLEBE DRIVE is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near The Approach |