£228,668
This estimated value is based upon the latest sale price for the house of £45,000 on 7 Jul 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 |
|---|---|
| £45,000 | 7 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 1997 the House Price Index for ESSEX was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £45,000 results in an estimated price of approximately £228,668.
| 7 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £45,000 | £183,668 | £228,668 |
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 | 510.982 % | £229,941 | £274,941 |
| 3 Month Average | 404.131 % | £181,859 | £226,859 |
| 6 Month Average | 374.318 % | £168,443 | £213,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £385,000 | £385,000 | 172 BULL LANE |
| 31 Mar 2023 | £403,804 | £400,000 | 142 BULL LANE |
| 3 Mar 2023 | £464,375 | £460,000 | 5 BLOWER CLOSE |
| 24 Feb 2023 | £519,650 | £520,000 | 197 BULL LANE |
| 28 Apr 2022 | £437,665 | £425,000 | 201 BULL LANE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Apr 2019. Using an estimated price of £228,668 means this house is valued at £2,894 per sq meter (£268 per sq foot).
The average size of a house on BULL LANE is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albert Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Betjeman Close |
| Mar 2024 | Other crime | Under investigation | On or near Blower Close |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Avondale Road |