£494,367
This estimated value is based upon the latest sale price for the house of £355,000 on 23 Nov 2015. 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 |
|---|---|
| £355,000 | 23 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £355,000 results in an estimated price of approximately £494,367.
| 23 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £355,000 | £139,367 | £494,367 |
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 | -30.851 % | £-109,519 | £245,480 |
| 3 Month Average | 29.709 % | £105,466 | £460,466 |
| 6 Month Average | 26.832 % | £95,253 | £450,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £330,390 | £327,500 | 31 ASHDOWN CRESCENT |
| 21 Jul 2022 | £611,646 | £610,000 | 29 SHEPHERDS WALK |
| 23 Feb 2022 | £314,608 | £300,000 | 54 ASHDOWN CRESCENT |
| 6 Jan 2022 | £389,391 | £370,000 | 32 ASHDOWN CRESCENT |
| 30 Sep 2021 | £530,714 | £492,500 | 59 GREENACRES |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 1 Sep 2015. Using an estimated price of £494,368 means this house is valued at £2,960 per sq meter (£275 per sq foot).
The average size of a house on SHEPHERDS CLOSE is 146 sq meters (1,573 sq feet).
This house is the largest in the street with a floor area of 167 sq meters (1,797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shepherds Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdown Crescent |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashdown Crescent |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Orchill Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenacres |