£624,695
This estimated value is based upon the latest sale price for the house of £340,000 on 15 Apr 2009. 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 |
|---|---|
| £340,000 | 15 Apr 2009 |
| £116,000 | 20 May 1996 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 April 2009 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.734%.Applying this 83.734% change to the original purchase price of £340,000 results in an estimated price of approximately £624,695.
| 15 Apr 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.734 % | £340,000 | £284,695 | £624,695 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 4.320 % | £14,688 | £354,688 |
| 3 Month Average | 65.183 % | £221,623 | £561,623 |
| 6 Month Average | 85.882 % | £291,999 | £631,999 |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 2 Oct 2008.
The average size of a house on FOLLY CHASE is 221 sq meters (2,385 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Pond Chase |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pond Chase |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pond Chase |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bartlett View |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Church Mews |