£1,185,018
This estimated value is based upon the latest sale price for the house of £980,000 on 10 Jul 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 |
|---|---|
| £980,000 | 10 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 356 sq meters or 3,831 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £980,000 results in an estimated price of approximately £1,185,018.
| 10 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £980,000 | £205,018 | £1,185,018 |
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 | -71.702 % | £-702,683 | £277,316 |
| 3 Month Average | 11.386 % | £111,587 | £1,091,587 |
| 6 Month Average | 14.070 % | £137,885 | £1,117,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £569,973 | £560,000 | 5 ALDERMANS HILL |
| 29 Sep 2023 | £445,699 | £440,000 | 16 LABURNUM GROVE |
| 2 Aug 2022 | £528,577 | £530,000 | 2 BULLWOOD APPROACH |
| 25 Jul 2022 | £441,188 | £440,000 | FORM BULLWOOD APPROACH |
| 1 Apr 2022 | £427,367 | £415,000 | 29 SUNNYFIELD GARDENS |
This house has a floor area of 356 sq meters or 3,831 sq feet when measured on 6 Jun 2019. Using an estimated price of £1,185,019 means this house is valued at £3,328 per sq meter (£309 per sq foot).
The average size of a house on ALDERMANS HILL is 129 sq meters (1,391 sq feet).
This house is the largest in the street with a floor area of 356 sq meters (3,831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Offender given a caution | On or near Bullwood Approach |
| Jan 2024 | Possession of weapons | Offender given a caution | On or near Bullwood Approach |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bullwood Approach |
| Jan 2024 | Possession of weapons | Offender given a caution | On or near Bullwood Approach |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bullwood Approach |