£649,823
This estimated value is based upon the latest sale price for the house of £114,950 on 21 Jul 1995. 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 |
|---|---|
| £114,950 | 21 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 July 1995 the House Price Index for ESSEX was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 465.309%.Applying this 465.309% change to the original purchase price of £114,950 results in an estimated price of approximately £649,823.
| 21 Jul 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 465.309 % | £114,950 | £534,873 | £649,823 |
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 | 318.106 % | £365,662 | £480,612 |
| 3 Month Average | 338.416 % | £389,009 | £503,959 |
| 6 Month Average | 410.205 % | £471,530 | £586,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £379,598 | £375,000 | 82 DOWNHALL PARK WAY |
| 10 Aug 2022 | £339,087 | £340,000 | 10 BRISTOL CLOSE |
| 4 Jul 2022 | £641,727 | £640,000 | 9 ELY WAY |
| 1 Jun 2022 | £355,017 | £350,000 | 88 DOWNHALL PARK WAY |
| 3 Dec 2021 | £680,324 | £635,000 | 16 ELY WAY |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 30 Jun 2016. Using an estimated price of £649,823 means this house is valued at £5,198 per sq meter (£482 per sq foot).
The average size of a house on DOWNHALL PARK WAY is 139 sq meters (1,501 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Bristol Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downhall Park Way |
| Jan 2024 | Other theft | Action to be taken by another organisation | On or near Torquay Close |
| Feb 2024 | Public order | Local resolution | On or near Dene Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Exmouth Drive |