£425,064
This estimated value is based upon the latest sale price for the house of £343,000 on 23 Jul 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 |
---|---|
£343,000 | 23 Jul 2018 |
£250,000 | 23 Jan 2015 |
Semi-Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £343,000 results in an estimated price of approximately £425,064.
23 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 148.6 | 23.926 % | £343,000 | £82,064 | £425,064 |
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 | -48.262 % | £-165,539 | £177,460 |
3 Month Average | -5.785 % | £-19,841 | £323,158 |
6 Month Average | 8.617 % | £29,556 | £372,556 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £388,398 | £385,000 | 11 BRACKENDALE CLOSE |
7 Mar 2023 | £550,183 | £545,000 | 27 PLUMBEROW AVENUE |
1 Feb 2023 | £337,273 | £337,500 | 117 PLUMBEROW AVENUE |
14 Jul 2022 | £561,512 | £560,000 | 32 ROSSLYN CLOSE |
16 Jul 2021 | £396,497 | £345,000 | 8 THE ACORNS |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 17 Oct 2014. Using an estimated price of £425,065 means this house is valued at £3,602 per sq meter (£334 per sq foot).
The average size of a house on PLUMBEROW AVENUE is 113 sq meters (1,225 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brackendale Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Walk |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Walk |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rosslyn Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornhill Avenue |