£483,346
This estimated value is based upon the latest sale price for the house of £383,000 on 25 Oct 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 |
|---|---|
| £383,000 | 25 Oct 2017 |
| £270,000 | 8 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £383,000 results in an estimated price of approximately £483,346.
| 25 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £383,000 | £100,346 | £483,346 |
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 | -67.244 % | £-257,542 | £125,457 |
| 3 Month Average | -2.723 % | £-10,430 | £372,569 |
| 6 Month Average | 9.070 % | £34,736 | £417,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £270,965 | £267,500 | 48 BUCKINGHAM ROAD |
| 16 Mar 2023 | £643,058 | £637,000 | 48 MAIN ROAD |
| 24 Feb 2023 | £384,741 | £385,000 | 8 GATSCOMBE CLOSE |
| 3 Feb 2023 | £529,644 | £530,000 | 47 MAIN ROAD |
| 28 Jun 2022 | £659,317 | £650,000 | BETTS FARMHOUSE, 9 HEVER CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 12 Apr 2017. Using an estimated price of £483,346 means this house is valued at £4,603 per sq meter (£427 per sq foot).
The average size of a house on GATSCOMBE CLOSE is 129 sq meters (1,394 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnwell Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Gardens |