£325,654
This estimated value is based upon the latest sale price for the house of £151,500 on 3 Dec 2003. 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 |
---|---|
£151,500 | 3 Dec 2003 |
£77,995 | 20 Sep 1999 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 December 2003 the House Price Index for ESSEX was 68.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 114.953%.Applying this 114.953% change to the original purchase price of £151,500 results in an estimated price of approximately £325,654.
3 Dec 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 146.7 | 114.953 % | £151,500 | £174,154 | £325,654 |
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 | 50.456 % | £76,440 | £227,940 |
3 Month Average | 65.456 % | £99,166 | £250,666 |
6 Month Average | 89.191 % | £135,123 | £286,623 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 23 Sep 2021.
The average size of a house on HERON CLOSE is 64 sq meters (695 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heron Close |
Mar 2024 | Anti-social behaviour | On or near Heron Gardens | |
Mar 2024 | Violence and sexual offences | On or near Rayleigh (Station) | |
Jan 2024 | Drugs | On or near Rayleigh (Station) | |
Jan 2024 | Other theft | On or near Rayleigh (Station) |