£540,022
This estimated value is based upon the latest sale price for the house of £435,000 on 29 Oct 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 |
---|---|
£435,000 | 29 Oct 2018 |
£148,000 | 1 Aug 2000 |
£103,000 | 8 Aug 1997 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 October 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 24.143%.Applying this 24.143% change to the original purchase price of £435,000 results in an estimated price of approximately £540,022.
29 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £435,000 | £105,022 | £540,022 |
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 | 38.579 % | £167,819 | £602,819 |
3 Month Average | 1.376 % | £5,984 | £440,984 |
6 Month Average | 3.836 % | £16,686 | £451,686 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £328,040 | £323,000 | 59 HELENA ROAD |
16 Nov 2023 | £425,809 | £415,000 | 66 HELENA ROAD |
29 Sep 2023 | £281,199 | £275,000 | 17 KINGS GATE, 36 HOCKLEY ROAD |
10 Mar 2023 | £422,048 | £415,000 | 11 MILL FIELD CLOSE |
17 Feb 2023 | £258,728 | £257,000 | 22 KINGS GATE, 36 HOCKLEY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 3 Jul 2018. Using an estimated price of £540,023 means this house is valued at £6,067 per sq meter (£563 per sq foot).
The average size of a house on MILL FIELD CLOSE is 72 sq meters (782 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Field Close |
May 2024 | Anti-social behaviour | On or near Graysons Close | |
May 2024 | Anti-social behaviour | On or near Graysons Close | |
May 2024 | Anti-social behaviour | On or near Graysons Close | |
Jul 2024 | Anti-social behaviour | On or near Keswick Close |