£197,372
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Dec 2018. 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 |
|---|---|
| £160,000 | 7 Dec 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £160,000 results in an estimated price of approximately £197,372.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £160,000 | £37,372 | £197,372 |
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 | -26.805 % | £-42,888 | £117,111 |
| 3 Month Average | -12.639 % | £-20,222 | £139,777 |
| 6 Month Average | 0.877 % | £1,403 | £161,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £233,456 | £230,000 | 21 CRESWICK AVENUE |
| 23 Nov 2023 | £390,786 | £385,000 | 20 THE APPROACH |
| 7 Nov 2023 | £188,795 | £186,000 | FLAT 3 THE OLD FORGE, 3 PHILBRICK CRESCENT |
| 15 Jun 2023 | £229,277 | £226,500 | FLAT 2 CITY APPROACH, 1 THE APPROACH |
| 27 Jan 2023 | £267,739 | £269,000 | 12 CRESWICK COURT LONDON ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 3 Apr 2018. Using an estimated price of £197,373 means this house is valued at £4,485 per sq meter (£416 per sq foot).
The average size of a house on PHILBRICK CRESCENT is 83 sq meters (895 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Philbrick Crescent East |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Harper Way |
| Mar 2024 | Anti-social behaviour | On or near Birch Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Birch Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birch Close |