£365,896
This estimated value is based upon the latest sale price for the house of £296,000 on 15 May 2019. 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 |
|---|---|
| £296,000 | 15 May 2019 |
| £185,000 | 18 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £296,000 results in an estimated price of approximately £365,896.
| 15 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £296,000 | £69,896 | £365,896 |
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 | -28.268 % | £-83,672 | £212,327 |
| 3 Month Average | 13.828 % | £40,929 | £336,929 |
| 6 Month Average | 9.562 % | £28,303 | £324,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £324,809 | £320,000 | 8 HOMESTEAD WAY |
| 29 Sep 2023 | £372,260 | £367,500 | 25 HOMESTEAD GARDENS |
| 21 Jun 2023 | £369,475 | £365,000 | 26 HOMESTEAD GARDENS |
| 2 Jun 2023 | £415,027 | £410,000 | 6 HOMESTEAD GARDENS |
| 31 Mar 2023 | £158,998 | £157,500 | 76A HIGH STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 9 Nov 2018. Using an estimated price of £365,897 means this house is valued at £5,807 per sq meter (£539 per sq foot).
The average size of a house on HOMESTEAD WAY is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Homestead Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Homestead Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homestead Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homestead Gardens |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Homestead Gardens |