£392,028
This estimated value is based upon the latest sale price for the house of £114,375 on 31 May 2001. 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 |
|---|---|
| £114,375 | 31 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2001 the House Price Index for ESSEX was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £114,375 results in an estimated price of approximately £392,028.
| 31 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £114,375 | £277,653 | £392,028 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 277.245 % | £317,099 | £431,474 |
| 3 Month Average | 251.608 % | £287,777 | £402,152 |
| 6 Month Average | 290.530 % | £332,294 | £446,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £406,011 | £400,000 | 85 GRAVEL ROAD |
| 2 Nov 2023 | £406,011 | £400,000 | 30 RAYLEIGH AVENUE |
| 18 Apr 2023 | £353,810 | £350,000 | 114 SPRINGWATER ROAD |
| 23 May 2022 | £359,779 | £353,000 | 91 GRAVEL ROAD |
| 30 Jun 2021 | £1,609,386 | £1,500,000 | 2 ROYAL COURT |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Jun 2020. Using an estimated price of £392,029 means this house is valued at £4,780 per sq meter (£444 per sq foot).
The average size of a house on RAYLEIGH AVENUE is 132 sq meters (1,430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Awaiting court outcome | On or near Rayleigh Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Disraeli Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Disraeli Road |
| Jan 2024 | Other theft | Awaiting court outcome | On or near Boundary Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Boundary Road |