£1,453,527
This estimated value is based upon the latest sale price for the house of £1,240,000 on 15 Sep 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 |
---|---|
£1,240,000 | 15 Sep 2020 |
Detached |
Freehold |
Floor Area: 366 sq meters or 3,939 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 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £1,240,000 results in an estimated price of approximately £1,453,527.
15 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 146.7 | 17.220 % | £1,240,000 | £213,527 | £1,453,527 |
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 | 11.117 % | £137,845 | £1,377,845 |
3 Month Average | 1.691 % | £20,973 | £1,260,973 |
6 Month Average | 15.593 % | £193,358 | £1,433,358 |
This house has a floor area of 366 sq meters or 3,939 sq feet when measured on 28 Nov 2019.
The average size of a house on RAYLEIGH AVENUE is 132 sq meters (1,430 sq feet).
This house is the largest in the street with a floor area of 366 sq meters (3,939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 crime | Awaiting court outcome | On or near Rayleigh Close |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillside Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside Road |