£410,495
This estimated value is based upon the latest sale price for the house of £240,000 on 8 Oct 2012. 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 |
---|---|
£240,000 | 8 Oct 2012 |
£232,000 | 30 Oct 2007 |
Semi-Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 October 2012 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £240,000 results in an estimated price of approximately £410,495.
8 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £240,000 | £170,495 | £410,495 |
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 | 121.466 % | £291,518 | £531,518 |
3 Month Average | 61.582 % | £147,797 | £387,797 |
6 Month Average | 50.801 % | £121,921 | £361,921 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £285,143 | £280,000 | 100 GROVE ROAD |
24 Mar 2023 | £676,294 | £665,000 | 38 SHAKESPEARE AVENUE |
31 Oct 2022 | £418,602 | £420,000 | 34 SHAKESPEARE AVENUE |
31 Aug 2022 | £284,832 | £283,500 | 18 MILTON CLOSE |
11 Jul 2022 | £382,331 | £378,500 | 94 GROVE ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 31 May 2016. Using an estimated price of £410,495 means this house is valued at £3,157 per sq meter (£293 per sq foot).
The average size of a house on SHAKESPEARE AVENUE is 89 sq meters (965 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ashcombe Way |
Jun 2024 | Anti-social behaviour | On or near Grove Road | |
Jun 2024 | Anti-social behaviour | On or near Grove Road |