£566,634
This estimated value is based upon the latest sale price for the house of £419,500 on 24 Mar 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 |
---|---|
£419,500 | 24 Mar 2016 |
£333,500 | 10 Jan 2008 |
£185,000 | 10 May 2001 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £419,500 results in an estimated price of approximately £566,634.
24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £419,500 | £147,134 | £566,634 |
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 | 42.720 % | £179,209 | £598,709 |
3 Month Average | 23.469 % | £98,452 | £517,952 |
6 Month Average | 17.506 % | £73,437 | £492,937 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £487,213 | £480,000 | 12 GLEBE DRIVE |
25 Aug 2023 | £418,663 | £415,000 | 53 GLEBE DRIVE |
21 Jul 2023 | £228,070 | £225,000 | 78 THE APPROACH |
23 Jan 2023 | £348,359 | £350,000 | 69 PHILBRICK CRESCENT |
20 Jan 2023 | £418,031 | £420,000 | 4 GLEBE DRIVE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 31 May 2013. Using an estimated price of £566,634 means this house is valued at £4,197 per sq meter (£389 per sq foot).
The average size of a house on GLEBE DRIVE is 109 sq meters (1,177 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near The Approach |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Talbot Avenue |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |