£534,219
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
Price Paid | Date |
---|---|
£400,000 | 17 Jun 2016 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 June 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £400,000 results in an estimated price of approximately £534,219.
17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £400,000 | £134,219 | £534,219 |
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 | -24.314 % | £-97,255 | £302,744 |
3 Month Average | 25.791 % | £103,163 | £503,163 |
6 Month Average | 25.558 % | £102,230 | £502,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2023 | £386,138 | £382,500 | 17 BRAMBLE ROAD |
24 Mar 2023 | £524,441 | £519,500 | 17 FAIRMEAD AVENUE |
6 Jan 2023 | £398,125 | £400,000 | 22 FAIRMEAD AVENUE |
24 May 2022 | £382,202 | £375,000 | 50 FAIRMEAD AVENUE |
17 Nov 2021 | £509,393 | £471,000 | 26 FAIRMEAD AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Feb 2016. Using an estimated price of £534,220 means this house is valued at £5,744 per sq meter (£533 per sq foot).
The average size of a house on FAIRMEAD AVENUE is 102 sq meters (1,107 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moorcroft Avenue |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Solby Wood View |