£530,110
This estimated value is based upon the latest sale price for the house of £425,000 on 23 May 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 |
---|---|
£425,000 | 23 May 2018 |
£350,000 | 8 Oct 2004 |
Terraced |
Freehold |
Floor Area: 168 sq meters or 1,808 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £425,000 results in an estimated price of approximately £530,110.
23 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £425,000 | £105,110 | £530,110 |
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 | -16.933 % | £-71,965 | £353,034 |
3 Month Average | -15.250 % | £-64,811 | £360,188 |
6 Month Average | 3.667 % | £15,585 | £440,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £636,130 | £625,000 | 59 RAWRETH LANE |
1 Dec 2023 | £264,630 | £260,000 | 24 KELSO CLOSE |
17 Nov 2023 | £383,680 | £378,000 | 5 KELSO CLOSE |
1 Aug 2023 | £262,295 | £260,000 | 26 KELSO CLOSE |
28 Jul 2023 | £392,786 | £387,500 | 70 SALISBURY CLOSE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 14 May 2013. Using an estimated price of £530,111 means this house is valued at £3,155 per sq meter (£293 per sq foot).
The average size of a house on KELSO CLOSE is 133 sq meters (1,433 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Kelso Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rawreth Lane |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rawreth Lane |
Jan 2024 | Public order | Under investigation | On or near Salisbury Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hooley Drive |