£274,395
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Nov 2010. 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 |
|---|---|
| £160,000 | 1 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,161 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 November 2010 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £160,000 results in an estimated price of approximately £274,395.
| 1 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £160,000 | £114,395 | £274,395 |
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 | -4.390 % | £-7,023 | £152,976 |
| 3 Month Average | 70.913 % | £113,460 | £273,460 |
| 6 Month Average | 61.745 % | £98,792 | £258,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £364,663 | £360,000 | 60 QUEENSMERE |
| 23 Aug 2023 | £353,089 | £350,000 | 41 WOODBURN CLOSE |
| 5 Apr 2023 | £330,559 | £327,000 | 62 QUEENSMERE |
| 16 Jan 2023 | £363,289 | £365,000 | 9 WOODBURN CLOSE |
| 20 Oct 2022 | £321,538 | £325,000 | 29 WOODBURN CLOSE |
This house has a floor area of 107 sq meters or 1,161 sq feet when measured on 4 May 2010. Using an estimated price of £274,396 means this house is valued at £2,542 per sq meter (£236 per sq foot).
The average size of a house on PARKFIELDS is 89 sq meters (966 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,161 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkfields |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pendlestone |
| Jan 2024 | Public order | Local resolution | On or near Pendlestone |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Pendlestone |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Queensmere |