£349,967
This estimated value is based upon the latest sale price for the house of £241,000 on 23 Jun 2015. 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 |
|---|---|
| £241,000 | 23 Jun 2015 |
| £179,000 | 18 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £241,000 results in an estimated price of approximately £349,967.
| 23 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £241,000 | £108,967 | £349,967 |
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 | -10.861 % | £-26,174 | £214,825 |
| 3 Month Average | 43.967 % | £105,960 | £346,960 |
| 6 Month Average | 38.595 % | £93,014 | £334,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £510,000 | £510,000 | 169 RAYLEIGH ROAD |
| 28 Mar 2023 | £220,073 | £218,000 | FLAT 6 WESTWOOD LODGE, 124 RAYLEIGH ROAD |
| 22 Aug 2022 | £251,822 | £252,500 | FLAT 24 WISTERIA COURT, 186 RAYLEIGH ROAD |
| 8 Jul 2022 | £233,128 | £232,500 | 112 RAYLEIGH ROAD |
| 9 Jun 2022 | £258,655 | £255,000 | FLAT 16 WISTERIA COURT, 186 RAYLEIGH ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 27 Jan 2015. Using an estimated price of £349,968 means this house is valued at £3,607 per sq meter (£335 per sq foot).
The average size of a house on PRITTLE CLOSE is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prittle Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Prittle Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Prittle Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thurlstone |