£403,225
This estimated value is based upon the latest sale price for the house of £317,500 on 10 Nov 2017. 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 |
|---|---|
| £317,500 | 10 Nov 2017 |
| Freehold |
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 November 2017 the House Price Index for ESSEX was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £317,500 results in an estimated price of approximately £403,225.
| 10 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £317,500 | £85,725 | £403,225 |
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 | 35.134 % | £111,551 | £429,051 |
| 3 Month Average | 9.890 % | £31,399 | £348,899 |
| 6 Month Average | 12.793 % | £40,618 | £358,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £547,372 | £537,500 | 60 GRASMERE AVENUE |
| 13 Jan 2023 | £376,005 | £375,000 | 52 GRASMERE AVENUE |
| 11 Aug 2022 | £402,884 | £401,000 | 31 THE DRIVE |
| 9 Jun 2022 | £817,474 | £800,000 | 70 GRASMERE AVENUE |
| 27 May 2022 | £400,432 | £390,000 | 46 THE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Birchdale |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birchdale |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Alfreda Avenue |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Tyndale Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Tyndale Close |