£1,030,228
This estimated value is based upon the latest sale price for the house of £645,000 on 24 Jan 2014. 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 |
|---|---|
| £645,000 | 24 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 279 sq meters or 3,003 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 January 2014 the House Price Index for ESSEX was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £645,000 results in an estimated price of approximately £1,030,228.
| 24 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £645,000 | £385,228 | £1,030,228 |
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 | -19.870 % | £-128,164 | £516,835 |
| 3 Month Average | 43.592 % | £281,170 | £926,170 |
| 6 Month Average | 52.460 % | £338,365 | £983,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £1,343,723 | £1,360,000 | 37 ETHELDORE AVENUE |
| 29 Sep 2022 | £973,142 | £981,000 | 33 ETHELDORE AVENUE |
| 2 Sep 2022 | £848,151 | £855,000 | 12 WOOD AVENUE |
| 7 Apr 2022 | £494,304 | £480,000 | ROSE COTTAGE WOOD AVENUE |
| 11 Mar 2022 | £331,604 | £320,000 | 6 BRANKSOME AVENUE |
This house has a floor area of 279 sq meters or 3,003 sq feet when measured on 19 Sep 2013. Using an estimated price of £1,030,228 means this house is valued at £3,692 per sq meter (£343 per sq foot).
The average size of a house on WOOD AVENUE is 223 sq meters (2,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Wood Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Wood Avenue | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood Avenue |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Branksome Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Branksome Avenue |