£394,745
This estimated value is based upon the latest sale price for the house of £320,000 on 20 Dec 2018. 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 |
---|---|
£320,000 | 20 Dec 2018 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £320,000 results in an estimated price of approximately £394,745.
20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £320,000 | £74,745 | £394,745 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | -4.102 % | £-13,126 | £306,873 |
3 Month Average | 3.545 % | £11,344 | £331,344 |
6 Month Average | 14.575 % | £46,641 | £366,641 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £747,038 | £740,000 | 65 KINGS PARK |
28 Sep 2022 | £416,636 | £420,000 | 58 KINGS PARK |
4 Jul 2022 | £451,215 | £450,000 | 16 CHASE CLOSE |
29 Apr 2022 | £391,324 | £380,000 | 49 PRINCES AVENUE |
13 Dec 2021 | £369,625 | £345,000 | 24 KINGS PARK |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 Jun 2018. Using an estimated price of £394,745 means this house is valued at £5,060 per sq meter (£470 per sq foot).
The average size of a house on VILLIERS WAY is 79 sq meters (856 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Villiers Way |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Villiers Way |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Hydeway |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hydeway |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deepdale |