£434,876
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Jul 2019. 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 |
|---|---|
| £350,000 | 18 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £350,000 results in an estimated price of approximately £434,876.
| 18 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £350,000 | £84,876 | £434,876 |
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 | 30.834 % | £107,919 | £457,919 |
| 3 Month Average | 5.916 % | £20,705 | £370,705 |
| 6 Month Average | 2.540 % | £8,890 | £358,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £350,383 | £345,000 | 13 CRESWICK AVENUE |
| 30 Nov 2023 | £235,990 | £230,000 | 21 CRESWICK AVENUE |
| 23 Nov 2023 | £395,027 | £385,000 | 20 THE APPROACH |
| 7 Nov 2023 | £190,844 | £186,000 | FLAT 3 THE OLD FORGE, 3 PHILBRICK CRESCENT |
| 20 Oct 2023 | £393,947 | £385,000 | 27 GLEBE DRIVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 4 Feb 2019. Using an estimated price of £434,877 means this house is valued at £4,141 per sq meter (£384 per sq foot).
The average size of a house on THE APPROACH is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Station Road | |
| Apr 2024 | Anti-social behaviour | On or near Station Road | |
| Apr 2024 | Anti-social behaviour | On or near Station Road | |
| Apr 2024 | Anti-social behaviour | On or near Station Road | |
| Jun 2024 | Public order | Awaiting court outcome | On or near The Approach |