£416,547
This estimated value is based upon the latest sale price for the house of £271,000 on 30 Jun 2014. 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 |
|---|---|
| £271,000 | 30 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 June 2014 the House Price Index for ESSEX was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £271,000 results in an estimated price of approximately £416,547.
| 30 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £271,000 | £145,547 | £416,547 |
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 | -48.313 % | £-130,929 | £140,070 |
| 3 Month Average | 36.930 % | £100,079 | £371,079 |
| 6 Month Average | 45.980 % | £124,604 | £395,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £610,685 | £600,000 | 18 TUDOR WAY |
| 22 Sep 2023 | £901,527 | £890,000 | 66 HAWKWELL CHASE |
| 6 Sep 2023 | £400,116 | £395,000 | 82 HAWKWELL CHASE |
| 25 Aug 2023 | £196,217 | £194,500 | 5 SUDBURY CLOSE |
| 20 Mar 2023 | £439,137 | £435,000 | 70 HAWKWELL CHASE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 Oct 2013. Using an estimated price of £416,547 means this house is valued at £4,165 per sq meter (£386 per sq foot).
The average size of a house on GREGORY CLOSE is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sudbury Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sudbury Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmwood Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmwood Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |