£524,203
This estimated value is based upon the latest sale price for the house of £392,500 on 2 Jun 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 |
|---|---|
| £392,500 | 2 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 June 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £392,500 results in an estimated price of approximately £524,203.
| 2 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £392,500 | £131,703 | £524,203 |
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 | 38.929 % | £152,797 | £545,297 |
| 3 Month Average | 20.437 % | £80,215 | £472,715 |
| 6 Month Average | 14.619 % | £57,379 | £449,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £385,000 | £385,000 | 172 BULL LANE |
| 1 Dec 2023 | £432,569 | £425,000 | 1 BRAMFIELD ROAD WEST |
| 3 Nov 2023 | £431,387 | £425,000 | 4 BLOWER CLOSE |
| 3 Mar 2023 | £464,375 | £460,000 | 5 BLOWER CLOSE |
| 24 Feb 2023 | £519,650 | £520,000 | 197 BULL LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Mar 2016. Using an estimated price of £524,203 means this house is valued at £4,722 per sq meter (£438 per sq foot).
The average size of a house on BULL LANE is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chase End |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chase End |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Chase End |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albert Close |