£569,770
This estimated value is based upon the latest sale price for the house of £365,000 on 20 Sep 2007. 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 Laburnum Way
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £365,000 | 20 Sep 2007 |
| £184,500 | 21 Dec 1999 |
| £141,550 | 22 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,242 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 September 2007 the House Price Index for ESSEX was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £365,000 results in an estimated price of approximately £569,770.
| 20 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £365,000 | £204,770 | £569,770 |
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 | 17.392 % | £63,481 | £428,481 |
| 3 Month Average | 30.976 % | £113,061 | £478,061 |
| 6 Month Average | 57.585 % | £210,184 | £575,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £607,771 | £600,000 | 6 SYCAMORE CLOSE |
| 20 Jun 2022 | £644,102 | £635,000 | 53 LABURNUM WAY |
| 24 Mar 2022 | £652,845 | £630,000 | 2 ROWAN CLOSE |
| 5 Nov 2021 | £670,539 | £620,000 | 4 LABURNUM WAY |
| 28 Oct 2021 | £242,319 | £219,000 | 61 TEMPLE WAY |
This house has a floor area of 115 sq meters or 1,242 sq feet when measured on 13 Oct 2010. Using an estimated price of £569,770 means this house is valued at £4,937 per sq meter (£458 per sq foot).
The average size of a house on ROWAN CLOSE is 137 sq meters (1,477 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Laburnum Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gowlett Mews |
| Feb 2024 | Anti-social behaviour | On or near Gowlett Mews | |
| Feb 2024 | Anti-social behaviour | On or near Gowlett Mews | |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Gowlett Mews |