£457,686
This estimated value is based upon the latest sale price for the house of £380,000 on 6 Mar 2020. 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 |
---|---|
£380,000 | 6 Mar 2020 |
£85,000 | 30 Sep 1996 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £380,000 results in an estimated price of approximately £457,686.
6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £380,000 | £77,686 | £457,686 |
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 | 15.823 % | £60,128 | £440,128 |
3 Month Average | 13.852 % | £52,636 | £432,636 |
6 Month Average | 8.124 % | £30,870 | £410,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £238,044 | £235,000 | 1 DAWS HEATH ROAD |
6 Sep 2023 | £407,713 | £402,500 | 24 NURSERY CLOSE |
11 Nov 2022 | £316,170 | £320,000 | FLAT 6 CROSSLANDS COURT, 5 DAWS HEATH ROAD |
25 Oct 2022 | £247,337 | £250,000 | 9 NURSERY CLOSE |
13 Oct 2022 | £420,473 | £425,000 | 10 NURSERY CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 20 Nov 2019. Using an estimated price of £457,686 means this house is valued at £4,487 per sq meter (£416 per sq foot).
The average size of a house on NURSERY CLOSE is 96 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Local resolution | On or near Randway |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hardwick Close |
Feb 2024 | Other crime | Under investigation | On or near Hardwick Close |
Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Hardwick Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Woodlands Close |