£401,980
This estimated value is based upon the latest sale price for the house of £266,500 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Downleaze
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £266,500 | 11 Jul 2014 |
| £175,000 | 11 Aug 2004 |
| Semi-Detached |
| Freehold |
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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £266,500 results in an estimated price of approximately £401,980.
| 11 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £266,500 | £135,480 | £401,980 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | -25.272 % | £-67,350 | £199,149 |
| 3 Month Average | 17.274 % | £46,033 | £312,533 |
| 6 Month Average | 47.262 % | £125,952 | £392,452 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Downleaze |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Algars Way |
| Jan 2024 | Anti-social behaviour | On or near Clements Place | |
| Jan 2024 | Anti-social behaviour | On or near Clements Place | |
| Jan 2024 | Anti-social behaviour | On or near Clements Place |