£354,427
This estimated value is based upon the latest sale price for the house of £269,000 on 17 Nov 2016. 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 |
|---|---|
| £269,000 | 17 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2016 the House Price Index for ESSEX was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £269,000 results in an estimated price of approximately £354,427.
| 17 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £269,000 | £85,427 | £354,427 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -38.534 % | £-103,655 | £165,344 |
| 3 Month Average | 6.219 % | £16,728 | £285,728 |
| 6 Month Average | 15.378 % | £41,367 | £310,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £420,000 | £420,000 | 16 ELIZABETH CLOSE |
| 7 Aug 2023 | £404,539 | £401,000 | 32 ELIZABETH CLOSE |
| 21 Apr 2023 | £404,354 | £400,000 | 11 ELIZABETH CLOSE |
| 2 Mar 2023 | £393,709 | £390,000 | 44 ELIZABETH CLOSE |
| 29 Jul 2022 | £422,136 | £421,000 | 9 ELIZABETH CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Aug 2016. Using an estimated price of £354,428 means this house is valued at £4,121 per sq meter (£382 per sq foot).
The average size of a house on ELIZABETH CLOSE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregory Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmwood Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmwood Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunny Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodside Chase |