£508,482
This estimated value is based upon the latest sale price for the house of £307,500 on 28 Aug 2013. 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 |
|---|---|
| £307,500 | 28 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2013 the House Price Index for ESSEX was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £307,500 results in an estimated price of approximately £508,482.
| 28 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £307,500 | £200,982 | £508,482 |
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 | 7.450 % | £22,909 | £330,409 |
| 3 Month Average | 29.151 % | £89,638 | £397,138 |
| 6 Month Average | 49.845 % | £153,274 | £460,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £405,181 | £400,000 | 42 THE CHASE |
| 4 Aug 2023 | £196,721 | £195,000 | 46 ESSEX CLOSE |
| 23 Jun 2023 | £349,230 | £345,000 | 78 LESLIE ROAD |
| 28 Apr 2023 | £808,708 | £800,000 | 84 LESLIE ROAD |
| 25 Nov 2022 | £247,008 | £250,000 | 27 ESSEX CLOSE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 25 Apr 2013. Using an estimated price of £508,482 means this house is valued at £4,708 per sq meter (£437 per sq foot).
The average size of a house on THE CHASE is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Close |
| Feb 2024 | Public order | Local resolution | On or near Essex Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Essex Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Essex Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Essex Close |