£431,315
This estimated value is based upon the latest sale price for the house of £402,000 on 30 Jun 2021. 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 |
---|---|
£402,000 | 30 Jun 2021 |
£320,000 | 1 Sep 2017 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £402,000 results in an estimated price of approximately £431,315.
30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £402,000 | £29,315 | £431,315 |
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 | -74.839 % | £-300,853 | £101,146 |
3 Month Average | -24.157 % | £-97,112 | £304,887 |
6 Month Average | -16.605 % | £-66,751 | £335,248 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £445,699 | £440,000 | 16 LABURNUM GROVE |
31 Aug 2022 | £473,725 | £475,000 | 61 FOLLY LANE |
1 Apr 2022 | £427,367 | £415,000 | 29 SUNNYFIELD GARDENS |
25 Mar 2022 | £477,717 | £461,000 | 59 FOLLY LANE |
25 Feb 2022 | £728,843 | £695,000 | 54 FOLLY LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Jun 2017. Using an estimated price of £431,316 means this house is valued at £5,196 per sq meter (£482 per sq foot).
The average size of a house on FOLLY LANE is 126 sq meters (1,366 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Manor Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bartlett View |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bullwood Approach |