£995,286
This estimated value is based upon the latest sale price for the house of £582,500 on 13 Jun 2012. 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 |
---|---|
£582,500 | 13 Jun 2012 |
£500,000 | 19 Apr 2006 |
£378,000 | 5 Oct 2001 |
Detached |
Freehold |
Floor Area: 221 sq meters or 2,384 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 June 2012 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £582,500 results in an estimated price of approximately £995,286.
13 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.865 % | £582,500 | £412,786 | £995,286 |
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 | 109.915 % | £640,253 | £1,222,753 |
3 Month Average | 63.245 % | £368,404 | £950,904 |
6 Month Average | 61.126 % | £356,060 | £938,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £400,000 | £400,000 | 3 FAIRLAND CLOSE |
18 Aug 2023 | £539,735 | £530,000 | 16 EASTVIEW DRIVE |
17 Feb 2023 | £453,026 | £450,000 | 12 FAIRLAND CLOSE |
13 Feb 2023 | £397,656 | £395,000 | 38 FERNDALE ROAD |
28 Jul 2022 | £431,827 | £427,500 | 4 FAIRLAND CLOSE |
This house has a floor area of 221 sq meters or 2,384 sq feet when measured on 31 Mar 2011. Using an estimated price of £995,287 means this house is valued at £4,493 per sq meter (£417 per sq foot).
The average size of a house on MORTIMER ROAD is 125 sq meters (1,354 sq feet).
This house is the largest in the street with a floor area of 221 sq meters (2,384 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Mortimer Road | |
May 2024 | Anti-social behaviour | On or near Mortimer Road | |
May 2024 | Anti-social behaviour | On or near Mortimer Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Saxon Close |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norman Crescent |