£537,582
This estimated value is based upon the latest sale price for the house of £355,000 on 26 Aug 2014. 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 |
---|---|
£355,000 | 26 Aug 2014 |
£250,000 | 27 Jun 2003 |
£190,000 | 24 Aug 2001 |
Detached |
Freehold |
Floor Area: 141 sq meters or 1,517 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £355,000 results in an estimated price of approximately £537,582.
26 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £355,000 | £182,582 | £537,582 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -53.869 % | £-191,234 | £163,765 |
3 Month Average | 26.899 % | £95,492 | £450,492 |
6 Month Average | 36.378 % | £129,141 | £484,141 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £441,537 | £435,000 | 54 WOODPOND AVENUE |
24 Nov 2023 | £243,607 | £240,000 | FLAT 4 47 SOUTHEND ROAD |
16 Nov 2023 | £522,739 | £515,000 | 34 WOODPOND AVENUE |
14 Aug 2023 | £242,118 | £240,000 | FLAT 3 OAK LODGE, 21 SOUTHEND ROAD |
10 Aug 2023 | £218,915 | £217,000 | FLAT 3 47 SOUTHEND ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 24 Mar 2014. Using an estimated price of £537,583 means this house is valued at £3,812 per sq meter (£354 per sq foot).
The average size of a house on WOODPOND AVENUE is 153 sq meters (1,655 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillcrest Road |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillcrest Road |
Feb 2024 | Drugs | Local resolution | On or near Hillcrest Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillcrest Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Hillcrest Road |