£432,998
This estimated value is based upon the latest sale price for the house of £355,000 on 7 Jan 2020. 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 |
|---|---|
| £355,000 | 7 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 January 2020 the House Price Index for ESSEX was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £355,000 results in an estimated price of approximately £432,998.
| 7 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £355,000 | £77,998 | £432,998 |
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 | -11.710 % | £-41,570 | £313,429 |
| 3 Month Average | -6.406 % | £-22,742 | £332,257 |
| 6 Month Average | 7.797 % | £27,678 | £382,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £522,026 | £515,000 | 51 STATION CRESCENT |
| 7 Jul 2023 | £537,231 | £530,000 | 21 STATION CRESCENT |
| 15 Jun 2023 | £229,277 | £226,500 | FLAT 2 CITY APPROACH, 1 THE APPROACH |
| 3 Feb 2023 | £199,866 | £200,000 | 1 BENLEIGH HOUSE MARINA AVENUE |
| 21 Oct 2022 | £420,473 | £425,000 | 10 MARINA AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 2 Dec 2019. Using an estimated price of £432,999 means this house is valued at £4,203 per sq meter (£390 per sq foot).
There is one other house on the street which we know the size of, this is 4 BIRCH CLOSE it is 76.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Birch Close |
| Mar 2024 | Anti-social behaviour | On or near Birch Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birch Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Close |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Harper Way |