£551,900
This estimated value is based upon the latest sale price for the house of £450,000 on 22 Nov 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 |
|---|---|
| £450,000 | 22 Nov 2019 |
| £282,000 | 24 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £450,000 results in an estimated price of approximately £551,900.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £450,000 | £101,900 | £551,900 |
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 | -31.270 % | £-140,714 | £309,285 |
| 3 Month Average | -5.165 % | £-23,241 | £426,758 |
| 6 Month Average | 3.082 % | £13,868 | £463,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £425,730 | £420,000 | 10 WELLINGTON ROAD |
| 20 Oct 2022 | £420,473 | £425,000 | 216 HOCKLEY ROAD |
| 2 Sep 2022 | £495,995 | £500,000 | 12 NELSON GARDENS |
| 12 Aug 2022 | £842,732 | £845,000 | 24A NELSON ROAD |
| 20 May 2022 | £570,754 | £560,000 | 185 HOCKLEY ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 3 Apr 2019. Using an estimated price of £551,901 means this house is valued at £4,311 per sq meter (£400 per sq foot).
The average size of a house on WELLINGTON ROAD is 149 sq meters (1,607 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Gattens |
| Dec 2023 | Drugs | Awaiting court outcome | On or near The Gattens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bullwood Hall Lane |
| Mar 2024 | Burglary | Under investigation | On or near Hamilton Mews |
| Mar 2024 | Burglary | Under investigation | On or near Hamilton Mews |