£434,485
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Nov 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 |
|---|---|
| £350,000 | 16 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £350,000 results in an estimated price of approximately £434,485.
| 16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £350,000 | £84,485 | £434,485 |
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 | 35.124 % | £122,934 | £472,934 |
| 3 Month Average | 1.307 % | £4,574 | £354,574 |
| 6 Month Average | -1.786 % | £-6,249 | £343,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £547,433 | £535,000 | 6A MINSTER CLOSE |
| 2 Mar 2023 | £401,709 | £395,000 | 30 YORK ROAD |
| 29 Jul 2022 | £641,427 | £635,000 | 68 CLARENCE ROAD |
| 25 May 2022 | £391,191 | £381,000 | 69 YORK ROAD |
| 1 Apr 2022 | £596,518 | £575,000 | 163 WARWICK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Oct 2018. Using an estimated price of £434,486 means this house is valued at £5,234 per sq meter (£486 per sq foot).
The average size of a house on MINSTER CLOSE is 139 sq meters (1,503 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Minster Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warwick Green |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near York Rise |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Rise |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Rise |