£509,737
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Mar 2010. 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 |
|---|---|
| £300,000 | 19 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,231 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 March 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £300,000 results in an estimated price of approximately £509,737.
| 19 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £300,000 | £209,737 | £509,737 |
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 | 89.555 % | £268,663 | £568,663 |
| 3 Month Average | 68.113 % | £204,340 | £504,340 |
| 6 Month Average | 57.767 % | £173,299 | £473,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £295,164 | £290,000 | 38 NORWICH CRESCENT |
| 13 Jul 2023 | £658,868 | £650,000 | 4 DOWNHALL PARK WAY |
| 16 Mar 2023 | £449,232 | £445,000 | 15 DOWNHALL CLOSE |
| 6 Jan 2023 | £348,359 | £350,000 | 10 LINCOLN WAY |
| 3 Feb 2022 | £482,399 | £460,000 | 16 DOWNHALL PARK WAY |
This house has a floor area of 114 sq meters or 1,231 sq feet when measured on 28 Oct 2009. Using an estimated price of £509,737 means this house is valued at £4,454 per sq meter (£413 per sq foot).
The average size of a house on LINCOLN WAY is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Salisbury Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downhall Park Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kelso Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Bristol Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rawreth Lane |