£398,926
This estimated value is based upon the latest sale price for the house of £400,000 on 22 Aug 2022. 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 |
---|---|
£400,000 | 22 Aug 2022 |
£180,000 | 15 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 August 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £400,000 results in an estimated price of approximately £398,926.
22 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £400,000 | £-1,073 | £398,926 |
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 | -64.991 % | £-259,965 | £140,034 |
3 Month Average | -14.119 % | £-56,475 | £343,524 |
6 Month Average | -6.936 % | £-27,743 | £372,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £314,521 | £310,500 | 6 CORNHILL AVENUE |
14 Aug 2023 | £322,824 | £320,000 | 50 CORNHILL AVENUE |
7 Jul 2023 | £419,648 | £414,000 | 4 PEACH AVENUE |
31 Mar 2023 | £378,567 | £375,000 | 20 CORNHILL AVENUE |
22 Aug 2022 | £398,926 | £400,000 | 3 CORNHILL AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 19 Sep 2015. Using an estimated price of £398,926 means this house is valued at £5,464 per sq meter (£507 per sq foot).
The average size of a house on CORNHILL AVENUE is 66 sq meters (711 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cornhill Avenue | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornhill Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornhill Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Close |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Plumberow Mount Avenue |