£380,426
This estimated value is based upon the latest sale price for the house of £247,500 on 25 Jun 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 |
|---|---|
| £247,500 | 25 Jun 2014 |
| £102,995 | 1 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 845 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 2014 the House Price Index for ESSEX was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £247,500 results in an estimated price of approximately £380,426.
| 25 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £247,500 | £132,926 | £380,426 |
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 | 78.468 % | £194,207 | £441,707 |
| 3 Month Average | 53.821 % | £133,207 | £380,707 |
| 6 Month Average | 50.675 % | £125,420 | £372,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £390,786 | £385,000 | 20 THE APPROACH |
| 7 Nov 2023 | £188,795 | £186,000 | FLAT 3 THE OLD FORGE, 3 PHILBRICK CRESCENT |
| 29 Sep 2022 | £520,794 | £525,000 | 21A PHILBRICK CRESCENT |
| 2 Sep 2022 | £525,754 | £530,000 | 18 STATION ROAD |
| 26 Jul 2022 | £373,505 | £372,500 | 15 GLEBE DRIVE |
This house has a floor area of 78 sq meters or 845 sq feet when measured on 7 Mar 2010. Using an estimated price of £380,426 means this house is valued at £4,843 per sq meter (£449 per sq foot).
The average size of a house on THE APPROACH is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near The Approach |
| Apr 2024 | Anti-social behaviour | On or near Station Road | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Road |
| Feb 2024 | Drugs | Local resolution | On or near Philbrick Crescent East |