£285,984
This estimated value is based upon the latest sale price for the house of £162,500 on 16 Oct 2009. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
Price Paid | Date |
---|---|
£162,500 | 16 Oct 2009 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 662 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTHEND-ON-SEA to estimate the market value.
When this house was purchased in October 2009 the House Price Index for SOUTHEND-ON-SEA was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £162,500 results in an estimated price of approximately £285,984.
16 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 148.6 | 75.990 % | £162,500 | £123,484 | £285,984 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 52.079 % | £84,629 | £247,129 |
3 Month Average | 88.878 % | £144,426 | £306,926 |
6 Month Average | 94.382 % | £153,370 | £315,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £343,391 | £339,000 | 21 GROVE HILL |
24 Mar 2023 | £388,662 | £385,000 | 462 ARTERIAL ROAD |
24 Feb 2023 | £314,788 | £315,000 | 469 ARTERIAL ROAD |
28 Sep 2022 | £357,116 | £360,000 | 34 GROVE HILL |
22 Mar 2022 | £349,220 | £337,000 | 468 ARTERIAL ROAD |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 25 Jun 2009. Using an estimated price of £285,984 means this house is valued at £4,643 per sq meter (£431 per sq foot).
The average size of a house on ARTERIAL ROAD is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Larchwood Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grovewood Avenue |