£515,235
This estimated value is based upon the latest sale price for the house of £118,000 on 16 Jul 1999. 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 |
---|---|
£118,000 | 16 Jul 1999 |
Detached |
Freehold |
Floor Area: 150 sq meters or 1,614 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 1999 the House Price Index for ESSEX was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £118,000 results in an estimated price of approximately £515,235.
16 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.3 | 149.7 | 336.640 % | £118,000 | £397,235 | £515,235 |
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 | 424.267 % | £500,634 | £618,634 |
3 Month Average | 299.101 % | £352,939 | £470,939 |
6 Month Average | 278.549 % | £328,688 | £446,688 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £299,194 | £290,000 | 38 NORWICH CRESCENT |
6 Oct 2023 | £486,039 | £475,000 | 14 DOWNHALL PARK WAY |
16 Mar 2023 | £452,558 | £445,000 | 15 DOWNHALL CLOSE |
6 Jan 2023 | £350,938 | £350,000 | 10 LINCOLN WAY |
3 Feb 2022 | £485,970 | £460,000 | 16 DOWNHALL PARK WAY |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 21 Feb 2016. Using an estimated price of £515,236 means this house is valued at £3,434 per sq meter (£319 per sq foot).
The average size of a house on LINCOLN WAY is 96 sq meters (1,034 sq feet).
This house is the largest in the street with a floor area of 150 sq meters (1,614 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Manns Way |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Truro Crescent |
Jul 2024 | Other theft | Under investigation | On or near Salisbury Close |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Downhall Park Way |
Jun 2024 | Public order | Under investigation | On or near Bristol Close |