£614,457
This estimated value is based upon the latest sale price for the house of £530,000 on 11 Nov 2020. 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 |
|---|---|
| £530,000 | 11 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £530,000 results in an estimated price of approximately £614,457.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £530,000 | £84,457 | £614,457 |
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 | -41.508 % | £-219,994 | £310,005 |
| 3 Month Average | 0.303 % | £1,607 | £531,607 |
| 6 Month Average | 0.739 % | £3,916 | £533,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £384,922 | £380,000 | 52 BILTON ROAD |
| 30 Jun 2023 | £232,820 | £230,000 | 53A BILTON ROAD |
| 1 Jun 2023 | £506,131 | £500,000 | 91 SCRUB LANE |
| 1 Feb 2023 | £444,701 | £445,000 | 2 SCRUB LANE MEWS, 100 SCRUB LANE |
| 16 Sep 2022 | £466,235 | £470,000 | 61 GREENACRES |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 2 Sep 2020. Using an estimated price of £614,457 means this house is valued at £4,327 per sq meter (£402 per sq foot).
The average size of a house on GREENACRES is 128 sq meters (1,384 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenacres |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shepherds Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Scrub Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scrub Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scrub Lane Mews |