£425,389
This estimated value is based upon the latest sale price for the house of £245,000 on 11 Nov 2011. 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 |
---|---|
£245,000 | 11 Nov 2011 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 995 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 November 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £245,000 results in an estimated price of approximately £425,389.
11 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £245,000 | £180,389 | £425,389 |
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 | 118.372 % | £290,012 | £535,012 |
3 Month Average | 76.791 % | £188,138 | £433,138 |
6 Month Average | 57.274 % | £140,321 | £385,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £268,243 | £260,000 | 24 KELSO CLOSE |
17 Nov 2023 | £387,845 | £378,000 | 5 KELSO CLOSE |
1 Aug 2023 | £264,775 | £260,000 | 26 KELSO CLOSE |
2 Jun 2023 | £397,975 | £390,000 | 5 SALISBURY CLOSE |
27 Feb 2023 | £651,854 | £647,500 | 45 KELSO CLOSE |
This house has a floor area of 92 sq meters or 995 sq feet when measured on 6 Jul 2010. Using an estimated price of £425,389 means this house is valued at £4,597 per sq meter (£427 per sq foot).
The average size of a house on SALISBURY CLOSE is 75 sq meters (815 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Salisbury Close |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Manns Way |
Jun 2024 | Public order | Under investigation | On or near Bristol Close |