£324,736
This estimated value is based upon the latest sale price for the house of £187,000 on 1 Jun 2006. 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 |
|---|---|
| £187,000 | 1 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2006 the House Price Index for ESSEX was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £187,000 results in an estimated price of approximately £324,736.
| 1 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £187,000 | £137,736 | £324,736 |
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 | 32.712 % | £61,170 | £248,170 |
| 3 Month Average | 54.886 % | £102,637 | £289,637 |
| 6 Month Average | 74.267 % | £138,878 | £325,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £233,456 | £230,000 | 21 CRESWICK AVENUE |
| 3 Nov 2023 | £487,213 | £480,000 | 12 GLEBE DRIVE |
| 25 Aug 2023 | £418,663 | £415,000 | 53 GLEBE DRIVE |
| 21 Jul 2023 | £228,070 | £225,000 | 78 THE APPROACH |
| 20 Jan 2023 | £418,031 | £420,000 | 4 GLEBE DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 Sep 2018. Using an estimated price of £324,737 means this house is valued at £3,690 per sq meter (£342 per sq foot).
The average size of a house on GLEBE CLOSE is 121 sq meters (1,304 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near The Approach |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |