£332,775
This estimated value is based upon the latest sale price for the house of £228,000 on 15 May 2015. 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 |
---|---|
£228,000 | 15 May 2015 |
£92,000 | 23 Aug 2001 |
£58,000 | 30 Oct 1997 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £228,000 results in an estimated price of approximately £332,775.
15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £228,000 | £104,775 | £332,775 |
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 | 48.510 % | £110,601 | £338,601 |
3 Month Average | 40.842 % | £93,119 | £321,119 |
6 Month Average | 31.760 % | £72,412 | £300,412 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £324,145 | £320,000 | 4 WIMARC CRESCENT |
12 Sep 2023 | £521,670 | £515,000 | 5 PEARSONS AVENUE |
24 Aug 2023 | £348,045 | £345,000 | 1 WIMARC CRESCENT |
24 Feb 2023 | £294,802 | £295,000 | 9 DANBURY ROAD |
7 Jul 2022 | £431,161 | £430,000 | 25 VERNON AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 22 Sep 2014. Using an estimated price of £332,775 means this house is valued at £4,058 per sq meter (£377 per sq foot).
The average size of a house on PEARSONS AVENUE is 98 sq meters (1,063 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Pearsons Avenue | |
Apr 2024 | Public order | Under investigation | On or near Pearsons Avenue |
Apr 2024 | Other crime | Under investigation | On or near Pearsons Avenue |
Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Pearsons Avenue |
Feb 2024 | Drugs | Under investigation | On or near Pearsons Avenue |