£375,887
This estimated value is based upon the latest sale price for the house of £255,000 on 30 Mar 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 |
|---|---|
| £255,000 | 30 Mar 2015 |
| £72,995 | 5 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 March 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £255,000 results in an estimated price of approximately £375,887.
| 30 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £255,000 | £120,887 | £375,887 |
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 | -13.996 % | £-35,690 | £219,309 |
| 3 Month Average | 51.717 % | £131,878 | £386,878 |
| 6 Month Average | 42.430 % | £108,195 | £363,195 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £393,442 | £390,000 | 19 CROSS ROAD |
| 22 Jun 2023 | £359,353 | £355,000 | 66 NICHOLSON ROAD |
| 22 Jun 2023 | £328,985 | £325,000 | 32 NICHOLSON CRESCENT |
| 6 Sep 2022 | £362,076 | £365,000 | 3 NICHOLSON CRESCENT |
| 31 Aug 2022 | £548,524 | £550,000 | 2 CROSS ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Jan 2015. Using an estimated price of £375,887 means this house is valued at £5,610 per sq meter (£521 per sq foot).
The average size of a house on CROSS ROAD is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nicholson Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nicholson Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholson Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nicholson Road |
| Feb 2024 | Anti-social behaviour | On or near Sheridan Avenue |