£394,736
This estimated value is based upon the latest sale price for the house of £330,000 on 8 Sep 2020. 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 |
|---|---|
| £330,000 | 8 Sep 2020 |
| £80,000 | 9 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £330,000 results in an estimated price of approximately £394,736.
| 8 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £330,000 | £64,736 | £394,736 |
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 | 29.065 % | £95,915 | £425,915 |
| 3 Month Average | 0.428 % | £1,412 | £331,412 |
| 6 Month Average | -3.987 % | £-13,157 | £316,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £370,402 | £361,000 | 16 REGENT CLOSE |
| 24 Aug 2023 | £351,337 | £345,000 | 1 WIMARC CRESCENT |
| 17 Aug 2023 | £371,704 | £365,000 | 18 REGENT CLOSE |
| 30 Nov 2022 | £348,371 | £350,000 | 17 REGENT CLOSE |
| 7 Jul 2022 | £434,352 | £430,000 | 25 VERNON AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Nov 2019. Using an estimated price of £394,736 means this house is valued at £4,589 per sq meter (£426 per sq foot).
The average size of a house on VERNON AVENUE is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vernon Avenue |
| Jul 2024 | Other crime | Under investigation | On or near Pearsons Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pearsons Avenue |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Pearsons Avenue |