£471,617
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Nov 2010. 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 |
|---|---|
| £275,000 | 15 Nov 2010 |
| £245,000 | 15 Apr 2005 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,276 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 2010 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £275,000 results in an estimated price of approximately £471,617.
| 15 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £275,000 | £196,617 | £471,617 |
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 | -4.390 % | £-12,071 | £262,928 |
| 3 Month Average | 70.913 % | £195,011 | £470,011 |
| 6 Month Average | 61.745 % | £169,800 | £444,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £630,516 | £625,000 | 20 GALLEYDENE |
| 1 Aug 2023 | £378,310 | £375,000 | 49 CHAPEL LANE |
| 27 Mar 2023 | £439,137 | £435,000 | 11 MOUNTNESSING |
| 4 Nov 2022 | £419,914 | £425,000 | 27 ST MARKS ROAD |
| 18 May 2022 | £501,958 | £492,500 | 69 LONDON ROAD |
This house has a floor area of 118 sq meters or 1,276 sq feet when measured on 26 May 2010. Using an estimated price of £471,618 means this house is valued at £3,975 per sq meter (£369 per sq foot).
The average size of a house on CHAPEL LANE is 113 sq meters (1,226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Anti-social behaviour | On or near Florence Gardens | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Florence Close |
| Mar 2024 | Anti-social behaviour | On or near Florence Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Close |