£420,421
This estimated value is based upon the latest sale price for the house of £412,500 on 27 May 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 |
---|---|
£412,500 | 27 May 2022 |
£342,000 | 21 Dec 2016 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £412,500 results in an estimated price of approximately £420,421.
27 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £412,500 | £7,921 | £420,421 |
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 | 4.543 % | £18,741 | £431,241 |
3 Month Average | -7.914 % | £-32,643 | £379,856 |
6 Month Average | -4.965 % | £-20,480 | £392,019 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £403,561 | £396,500 | 48 ALEXANDRA ROAD |
15 Sep 2023 | £474,467 | £468,400 | 46 ALEXANDRA ROAD |
6 Jul 2023 | £557,503 | £550,000 | 143 BULL LANE |
31 Mar 2023 | £403,804 | £400,000 | 142 BULL LANE |
23 Mar 2023 | £474,470 | £470,000 | 141 BULL LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 16 Aug 2016. Using an estimated price of £420,422 means this house is valued at £4,520 per sq meter (£419 per sq foot).
The average size of a house on THE PADDOCKS is 114 sq meters (1,233 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Awaiting court outcome | On or near Hilary Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Marshalls Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Marshalls Close |
Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Avondale Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |