£485,406
This estimated value is based upon the latest sale price for the house of £390,000 on 28 Jun 2019. 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 |
|---|---|
| £390,000 | 28 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £390,000 results in an estimated price of approximately £485,406.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £390,000 | £95,406 | £485,406 |
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 | 55.246 % | £215,461 | £605,461 |
| 3 Month Average | 16.629 % | £64,852 | £454,852 |
| 6 Month Average | 12.156 % | £47,408 | £437,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £371,957 | £365,000 | 4 HILLCREST ROAD |
| 17 Feb 2023 | £656,888 | £652,500 | 17 HILLCREST ROAD |
| 5 May 2022 | £369,630 | £360,000 | 11 BELCHAMPS WAY |
| 26 Aug 2021 | £674,324 | £600,000 | 4 THE WESTERINGS |
| 16 Aug 2021 | £330,419 | £294,000 | 2 THE WESTERINGS |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 21 Jun 2018. Using an estimated price of £485,407 means this house is valued at £4,622 per sq meter (£429 per sq foot).
The average size of a house on HOCKLEY RISE is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southend Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southend Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillcrest Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillcrest Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |