£415,844
This estimated value is based upon the latest sale price for the house of £310,000 on 1 Jul 2016. 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 |
|---|---|
| £310,000 | 1 Jul 2016 |
| £163,000 | 29 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £310,000 results in an estimated price of approximately £415,844.
| 1 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £310,000 | £105,844 | £415,844 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 45.210 % | £140,151 | £450,151 |
| 3 Month Average | 17.170 % | £53,227 | £363,227 |
| 6 Month Average | 17.098 % | £53,003 | £363,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £363,159 | £352,000 | 35 BROADLANDS AVENUE |
| 20 Dec 2023 | £340,462 | £330,000 | 24 BROAD WAY |
| 20 Nov 2023 | £379,637 | £370,000 | 1 SOUTHVIEW ROAD |
| 5 Oct 2023 | £339,716 | £332,000 | 30 BROAD WAY |
| 14 Mar 2023 | £473,914 | £466,000 | 37 BROADLANDS AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Jan 2016. Using an estimated price of £415,844 means this house is valued at £5,133 per sq meter (£476 per sq foot).
The average size of a house on BROAD WAY is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Westbourne Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Walk |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Willow Walk |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Southbourne Grove |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foxfield Close |