£602,155
This estimated value is based upon the latest sale price for the house of £215,000 on 15 Jul 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
Price Paid | Date |
---|---|
£215,000 | 15 Jul 2002 |
£128,000 | 25 May 2000 |
£106,000 | 19 Feb 1998 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 2002 the House Price Index for ESSEX was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £215,000 results in an estimated price of approximately £602,155.
15 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £215,000 | £387,155 | £602,155 |
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 | -24.996 % | £-53,741 | £161,258 |
3 Month Average | 130.047 % | £279,600 | £494,600 |
6 Month Average | 155.768 % | £334,900 | £549,900 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £270,965 | £267,500 | 48 BUCKINGHAM ROAD |
16 Mar 2023 | £643,058 | £637,000 | 48 MAIN ROAD |
24 Feb 2023 | £384,741 | £385,000 | 8 GATSCOMBE CLOSE |
3 Feb 2023 | £529,644 | £530,000 | 47 MAIN ROAD |
28 Jun 2022 | £659,317 | £650,000 | BETTS FARMHOUSE, 9 HEVER CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 11 Feb 2015. Using an estimated price of £602,155 means this house is valued at £5,376 per sq meter (£499 per sq foot).
The average size of a house on GATSCOMBE CLOSE is 129 sq meters (1,394 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnwell Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Gardens |