£383,532
This estimated value is based upon the latest sale price for the house of £295,000 on 1 Feb 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 |
|---|---|
| £295,000 | 1 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £295,000 results in an estimated price of approximately £383,532.
| 1 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £295,000 | £88,532 | £383,532 |
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 | -27.594 % | £-81,403 | £213,596 |
| 3 Month Average | 22.817 % | £67,309 | £362,309 |
| 6 Month Average | 17.020 % | £50,209 | £345,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £313,485 | £308,000 | 5 HART ROAD |
| 18 Apr 2023 | £399,299 | £395,000 | 51 BORROWDALE CLOSE |
| 31 Mar 2023 | £444,185 | £440,000 | 55 BORROWDALE CLOSE |
| 15 Feb 2023 | £389,738 | £390,000 | 14 BORROWDALE ROAD |
| 3 Nov 2022 | £350,751 | £355,000 | 42 BORROWDALE CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Jun 2016. Using an estimated price of £383,532 means this house is valued at £4,980 per sq meter (£462 per sq foot).
The average size of a house on BORROWDALE CLOSE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stoneleighs |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fox Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxmeadows |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Langford Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Langford Crescent |