£612,737
This estimated value is based upon the latest sale price for the house of £440,000 on 12 Nov 2015. 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 |
|---|---|
| £440,000 | 12 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £440,000 results in an estimated price of approximately £612,737.
| 12 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £440,000 | £172,737 | £612,737 |
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 | 54.167 % | £238,335 | £678,335 |
| 3 Month Average | 34.243 % | £150,668 | £590,668 |
| 6 Month Average | 25.982 % | £114,322 | £554,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £619,926 | £612,000 | 65 LOWER LAMBRICKS |
| 16 Aug 2023 | £388,398 | £385,000 | 54 LOWER LAMBRICKS |
| 3 Mar 2023 | £646,087 | £640,000 | 43 LOWER LAMBRICKS |
| 10 Jan 2023 | £383,195 | £385,000 | 71 LOWER LAMBRICKS |
| 23 Nov 2022 | £573,059 | £580,000 | 12 HAMBRO AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 9 Oct 2015. Using an estimated price of £612,737 means this house is valued at £4,677 per sq meter (£434 per sq foot).
The average size of a house on LOWER LAMBRICKS is 105 sq meters (1,130 sq feet).
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|---|---|---|---|
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