£418,210
This estimated value is based upon the latest sale price for the house of £325,000 on 24 May 2017. 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 |
|---|---|
| £325,000 | 24 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £325,000 results in an estimated price of approximately £418,210.
| 24 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £325,000 | £93,210 | £418,210 |
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 | -19.292 % | £-62,697 | £262,302 |
| 3 Month Average | 2.387 % | £7,758 | £332,758 |
| 6 Month Average | 7.179 % | £23,332 | £348,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £368,973 | £365,000 | 4 HILLCREST ROAD |
| 17 Feb 2023 | £652,061 | £652,500 | 17 HILLCREST ROAD |
| 6 May 2022 | £519,794 | £510,000 | 9A SOUTHEND ROAD |
| 24 Mar 2022 | £867,897 | £837,526 | THE OAKS SOUTHEND ROAD |
| 2 Feb 2021 | £175,959 | £155,000 | 5 HARRIS COURT HILLCREST ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Feb 2018. Using an estimated price of £418,211 means this house is valued at £5,974 per sq meter (£555 per sq foot).
The average size of a house on SOUTHEND ROAD is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Southend Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillcrest Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillcrest Road |
| Feb 2024 | Drugs | Local resolution | On or near Hillcrest Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Hillcrest Road |