£267,530
This estimated value is based upon the latest sale price for the house of £60,000 on 23 Apr 1999. 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 |
---|---|
£60,000 | 23 Apr 1999 |
£60,000 | 29 Sep 1995 |
Semi-Detached |
Freehold |
Floor Area: 47 sq meters or 507 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 April 1999 the House Price Index for ESSEX was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £60,000 results in an estimated price of approximately £267,530.
23 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 148.6 | 345.883 % | £60,000 | £207,530 | £267,530 |
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 | 228.473 % | £137,083 | £197,083 |
3 Month Average | 246.554 % | £147,932 | £207,932 |
6 Month Average | 295.464 % | £177,278 | £237,278 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £430,211 | £425,000 | 62 RICHMOND DRIVE |
24 Mar 2023 | £363,424 | £360,000 | 40 RICHMOND DRIVE |
3 May 2022 | £375,067 | £368,000 | 3 BEDFORD CLOSE |
4 Mar 2022 | £411,914 | £397,500 | 24 RICHMOND DRIVE |
1 Oct 2021 | £4,082,904 | £3,690,000 | 21 BROOK ROAD |
This house has a floor area of 47 sq meters or 507 sq feet when measured on 27 Aug 2010. Using an estimated price of £267,530 means this house is valued at £5,677 per sq meter (£527 per sq foot).
The average size of a house on MANOR CLOSE is 124 sq meters (1,337 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (507 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Totman Close |
Dec 2023 | Anti-social behaviour | On or near Bedford Close | |
Dec 2023 | Anti-social behaviour | On or near Bedford Close | |
Dec 2023 | Anti-social behaviour | On or near Bedford Close | |
Dec 2023 | Anti-social behaviour | On or near Bedford Close |