£725,870
This estimated value is based upon the latest sale price for the house of £587,500 on 7 Nov 2019. 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 |
---|---|
£587,500 | 7 Nov 2019 |
£455,000 | 8 Jul 2016 |
Detached |
Freehold |
Floor Area: 156 sq meters or 1,679 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £587,500 results in an estimated price of approximately £725,870.
7 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £587,500 | £138,370 | £725,870 |
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 | 20.556 % | £120,765 | £708,265 |
3 Month Average | 12.730 % | £74,788 | £662,288 |
6 Month Average | -1.509 % | £-8,864 | £578,635 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £407,347 | £400,000 | 30 WEIR FARM ROAD |
16 Feb 2023 | £206,379 | £205,000 | FLAT 4 BROOK COURT, 121 HIGH ROAD |
18 Feb 2022 | £375,042 | £355,000 | 26 WEIR FARM ROAD |
7 Feb 2022 | £372,401 | £352,500 | 12 WEIR FARM ROAD |
16 Dec 2021 | £377,758 | £350,000 | 84 HIGH ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 16 Apr 2013. Using an estimated price of £725,871 means this house is valued at £4,653 per sq meter (£432 per sq foot).
The average size of a house on WEIR FARM ROAD is 100 sq meters (1,082 sq feet).
This house is the largest in the street with a floor area of 156 sq meters (1,679 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Unable to prosecute suspect | On or near High Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |