£327,465
This estimated value is based upon the latest sale price for the house of £240,000 on 25 Apr 2016. 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 |
---|---|
£240,000 | 25 Apr 2016 |
£185,000 | 27 Jul 2011 |
Semi-Detached |
Freehold |
Floor Area: 48 sq meters or 516 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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £240,000 results in an estimated price of approximately £327,465.
25 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £240,000 | £87,465 | £327,465 |
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 | 70.312 % | £168,749 | £408,749 |
3 Month Average | 19.136 % | £45,925 | £285,925 |
6 Month Average | 13.912 % | £33,389 | £273,389 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £399,064 | £390,000 | 14 OAKWOOD ROAD |
13 Feb 2023 | £571,820 | £568,000 | 40 CHEAPSIDE EAST |
2 Feb 2023 | £463,093 | £460,000 | 48 CHEAPSIDE EAST |
21 Oct 2022 | £423,585 | £425,000 | 10 MARINA AVENUE |
3 Mar 2022 | £396,695 | £380,000 | 64 CHEAPSIDE EAST |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 9 Apr 2015. Using an estimated price of £327,466 means this house is valued at £6,822 per sq meter (£633 per sq foot).
The average size of a house on OAKWOOD ROAD is 72 sq meters (778 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Cordelia Crescent | |
Jun 2024 | Anti-social behaviour | On or near Cordelia Crescent | |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Marina Avenue |
May 2024 | Violence and sexual offences | Under investigation | On or near Marina Avenue |
Jul 2024 | Burglary | Under investigation | On or near Birch Close |