£254,459
This estimated value is based upon the latest sale price for the house of £154,950 on 31 Jan 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £154,950 | 31 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 January 2007 the House Price Index for ESSEX was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £154,950 results in an estimated price of approximately £254,459.
| 31 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £154,950 | £99,509 | £254,459 |
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 | 101.256 % | £156,895 | £311,845 |
| 3 Month Average | 76.119 % | £117,946 | £272,896 |
| 6 Month Average | 61.756 % | £95,690 | £250,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £390,786 | £385,000 | 20 THE APPROACH |
| 3 Nov 2023 | £487,213 | £480,000 | 12 GLEBE DRIVE |
| 25 Aug 2023 | £418,663 | £415,000 | 53 GLEBE DRIVE |
| 21 Jul 2023 | £228,070 | £225,000 | 78 THE APPROACH |
| 20 Jan 2023 | £418,031 | £420,000 | 4 GLEBE DRIVE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 26 Nov 2021. Using an estimated price of £254,460 means this house is valued at £5,414 per sq meter (£502 per sq foot).
The average size of a house on THE APPROACH is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |