£1,635,491
This estimated value is based upon the latest sale price for the house of £1,425,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Great Wheatley Road
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £1,425,000 | 18 Dec 2020 |
| £703,890 | 15 May 2009 |
| £160,000 | 27 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 522 sq meters or 5,618 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 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £1,425,000 results in an estimated price of approximately £1,635,491.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £1,425,000 | £210,491 | £1,635,491 |
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 | -26.834 % | £-382,381 | £1,042,618 |
| 3 Month Average | -21.438 % | £-305,496 | £1,119,503 |
| 6 Month Average | -3.284 % | £-46,789 | £1,378,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £1,145,034 | £1,125,000 | 62 GREAT WHEATLEY ROAD |
| 28 Jul 2023 | £648,731 | £640,000 | 47 GREAT WHEATLEY ROAD |
| 30 Jun 2023 | £440,334 | £435,000 | 30 KINGSWOOD CRESCENT |
| 20 Jun 2023 | £465,640 | £460,000 | 31 KINGSWOOD CRESCENT |
| 9 Sep 2022 | £456,315 | £460,000 | 40 KINGSWOOD CRESCENT |
This house has a floor area of 522 sq meters or 5,618 sq feet when measured on 23 Aug 2020. Using an estimated price of £1,635,492 means this house is valued at £3,133 per sq meter (£291 per sq foot).
There is one other house on the street which we know the size of, this is THE PRIORY WESTVIEW DRIVE it is 415.8
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Great Wheatley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Wheatley Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Wheatley Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |