£508,336
This estimated value is based upon the latest sale price for the house of £490,000 on 14 Apr 2022. 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 |
---|---|
£490,000 | 14 Apr 2022 |
£250,000 | 14 Oct 2005 |
£194,000 | 19 Jun 2002 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £490,000 results in an estimated price of approximately £508,336.
14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £490,000 | £18,336 | £508,336 |
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 | 3.300 % | £16,171 | £506,171 |
3 Month Average | -4.655 % | £-22,811 | £467,188 |
6 Month Average | -11.530 % | £-56,495 | £433,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £617,500 | £617,500 | 54 THE CHASE |
1 Mar 2024 | £431,632 | £425,000 | 71 THE CHASE |
4 Aug 2023 | £198,582 | £195,000 | 46 ESSEX CLOSE |
30 Jan 2023 | £466,246 | £465,000 | 61 THE CHASE |
25 Nov 2022 | £248,836 | £250,000 | 27 ESSEX CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 6 Oct 2016. Using an estimated price of £508,337 means this house is valued at £4,935 per sq meter (£458 per sq foot).
There is one other house on the street which we know the size of, this is 5 LODGELANDS CLOSE it is 143.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Lodgelands Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgelands Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgelands Close |
May 2024 | Anti-social behaviour | On or near The Chase | |
May 2024 | Anti-social behaviour | On or near The Chase |