£523,219
This estimated value is based upon the latest sale price for the house of £395,000 on 28 Oct 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 |
|---|---|
| £395,000 | 28 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £395,000 results in an estimated price of approximately £523,219.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £395,000 | £128,219 | £523,219 |
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 | -13.851 % | £-54,712 | £340,287 |
| 3 Month Average | 2.748 % | £10,855 | £405,855 |
| 6 Month Average | 15.989 % | £63,156 | £458,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £403,561 | £396,500 | 48 ALEXANDRA ROAD |
| 15 Sep 2023 | £474,467 | £468,400 | 46 ALEXANDRA ROAD |
| 6 Jul 2023 | £557,503 | £550,000 | 143 BULL LANE |
| 23 Mar 2023 | £474,470 | £470,000 | 141 BULL LANE |
| 28 Nov 2022 | £444,614 | £450,000 | 12 ALEXANDRA ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 16 Jun 2016. Using an estimated price of £523,219 means this house is valued at £4,471 per sq meter (£415 per sq foot).
The average size of a house on ALEXANDRA ROAD is 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Helena Road |
| Mar 2024 | Anti-social behaviour | On or near Bull Lane | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Paddocks |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Paddocks |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Hilary Crescent |