£579,133
This estimated value is based upon the latest sale price for the house of £422,000 on 15 Jan 2016. 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 |
|---|---|
| £422,000 | 15 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 January 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £422,000 results in an estimated price of approximately £579,133.
| 15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £422,000 | £157,133 | £579,133 |
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 | -7.077 % | £-29,866 | £392,133 |
| 3 Month Average | 3.578 % | £15,098 | £437,098 |
| 6 Month Average | 23.454 % | £98,974 | £520,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £569,903 | £563,000 | 1 JUBILEE ROAD |
| 6 Feb 2023 | £554,627 | £555,000 | 42 HELENA ROAD |
| 20 May 2022 | £452,017 | £443,500 | 16 LOUISE ROAD |
| 4 May 2022 | £494,314 | £485,000 | 17 JUBILEE ROAD |
| 29 Apr 2022 | £453,112 | £440,000 | 11 LOUISE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 Mar 2016. Using an estimated price of £579,134 means this house is valued at £5,791 per sq meter (£538 per sq foot).
The average size of a house on LOUISE ROAD is 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bull Lane | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Helena Road |
| Mar 2024 | Burglary | Under investigation | On or near Jubilee Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Jubilee Road |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Hilary Crescent |