£598,896
This estimated value is based upon the latest sale price for the house of £400,000 on 14 Nov 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 |
|---|---|
| £400,000 | 14 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2014 the House Price Index for ESSEX was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £400,000 results in an estimated price of approximately £598,896.
| 14 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £400,000 | £198,896 | £598,896 |
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 | -46.366 % | £-185,463 | £214,536 |
| 3 Month Average | 24.940 % | £99,761 | £499,761 |
| 6 Month Average | 31.737 % | £126,948 | £526,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £265,719 | £262,500 | FLAT 10 OAK LODGE, 21 SOUTHEND ROAD |
| 20 Apr 2023 | £368,973 | £365,000 | 4 HILLCREST ROAD |
| 17 Feb 2023 | £652,061 | £652,500 | 17 HILLCREST ROAD |
| 20 Sep 2021 | £915,954 | £850,000 | 19A HILLCREST ROAD |
| 26 Aug 2021 | £669,369 | £600,000 | 4 THE WESTERINGS |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 24 Jul 2014. Using an estimated price of £598,897 means this house is valued at £5,395 per sq meter (£501 per sq foot).
The average size of a house on HOCKLEY RISE is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hockley Rise |
| Feb 2024 | Public order | Under investigation | On or near Hockley Rise |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Hockley Rise |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillcrest Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillcrest Road |