£391,129
This estimated value is based upon the latest sale price for the house of £169,995 on 18 Aug 2003. 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 |
---|---|
£169,995 | 18 Aug 2003 |
£75,000 | 22 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 614 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 August 2003 the House Price Index for ESSEX was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £169,995 results in an estimated price of approximately £391,129.
18 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 148.6 | 130.083 % | £169,995 | £221,134 | £391,129 |
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 | 33.076 % | £56,228 | £226,223 |
3 Month Average | 120.035 % | £204,053 | £374,048 |
6 Month Average | 113.997 % | £193,789 | £363,784 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £460,893 | £455,000 | 2 BROOMFIELD |
18 Aug 2023 | £343,001 | £340,000 | 2 THE GILL |
11 Aug 2023 | £343,001 | £340,000 | 33 SOUTHFIELD DRIVE |
3 Apr 2023 | £591,367 | £585,000 | 580 DAWS HEATH ROAD |
30 Mar 2023 | £393,709 | £390,000 | 6 THE GILL |
This house has a floor area of 57 sq meters or 614 sq feet when measured on 1 Oct 2010. Using an estimated price of £391,129 means this house is valued at £6,846 per sq meter (£636 per sq foot).
The average size of a house on BROOMFIELD is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomfield |
Jan 2024 | Anti-social behaviour | On or near Broomfield | |
Jan 2024 | Anti-social behaviour | On or near Broomfield | |
Jan 2024 | Anti-social behaviour | On or near Broomfield | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southfield Drive |