£423,577
This estimated value is based upon the latest sale price for the house of £82,000 on 23 May 1997. 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 |
|---|---|
| £82,000 | 23 May 1997 |
| Semi-Detached |
| 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 May 1997 the House Price Index for ESSEX was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £82,000 results in an estimated price of approximately £423,577.
| 23 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £82,000 | £341,577 | £423,577 |
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 | 69.237 % | £56,773 | £138,773 |
| 3 Month Average | 388.729 % | £318,757 | £400,757 |
| 6 Month Average | 440.205 % | £360,968 | £442,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £121,059 | £120,000 | FLAT 6 JAMES ALEXANDER HOUSE THE WALK |
| 11 Aug 2022 | £399,924 | £401,000 | 31 THE DRIVE |
| 27 May 2022 | £397,490 | £390,000 | 46 THE DRIVE |
| 7 Apr 2022 | £381,026 | £370,000 | 23 BIRCHDALE |
| 25 Mar 2022 | £388,598 | £375,000 | 43 THE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Tyndale Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Alfreda Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverview Walk |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |