£395,873
This estimated value is based upon the latest sale price for the house of £249,995 on 17 Feb 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 |
|---|---|
| £249,995 | 17 Feb 2014 |
| £138,000 | 31 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 February 2014 the House Price Index for ESSEX was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £249,995 results in an estimated price of approximately £395,873.
| 17 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £249,995 | £145,878 | £395,873 |
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 | -50.057 % | £-125,141 | £124,853 |
| 3 Month Average | 41.969 % | £104,920 | £354,915 |
| 6 Month Average | 52.318 % | £130,791 | £380,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £468,192 | £460,000 | 6 BELVEDERE AVENUE |
| 7 Nov 2023 | £253,757 | £250,000 | 9 MEY WALK |
| 27 Jul 2023 | £461,207 | £455,000 | 4 MEY WALK |
| 16 Mar 2023 | £643,058 | £637,000 | 48 MAIN ROAD |
| 3 Feb 2023 | £529,644 | £530,000 | 47 MAIN ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 16 May 2013. Using an estimated price of £395,873 means this house is valued at £5,908 per sq meter (£548 per sq foot).
There is one other house on the street which we know the size of, this is 4 LAMBETH MEWS it is 92.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Gardens |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Osborne Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sandringham Avenue |