£1,287,128
This estimated value is based upon the latest sale price for the house of £985,000 on 12 Jan 2017. 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 |
|---|---|
| £985,000 | 12 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 371 sq meters or 3,993 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 January 2017 the House Price Index for ESSEX was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £985,000 results in an estimated price of approximately £1,287,128.
| 12 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £985,000 | £302,128 | £1,287,128 |
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 | -69.181 % | £-681,436 | £303,563 |
| 3 Month Average | 6.216 % | £61,230 | £1,046,230 |
| 6 Month Average | 13.404 % | £132,033 | £1,117,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £405,548 | £402,000 | 25 HAWTHORNE GARDENS |
| 23 Aug 2023 | £421,185 | £417,500 | 19 HAWTHORNE GARDENS |
| 31 Mar 2022 | £492,225 | £475,000 | 4 FOUNTAIN LANE |
| 3 Dec 2021 | £621,399 | £580,000 | 39 HIGH ROAD |
| 30 Sep 2021 | £1,185,352 | £1,100,000 | 27 HIGH ROAD |
This house has a floor area of 371 sq meters or 3,993 sq feet when measured on 24 Aug 2015. Using an estimated price of £1,287,128 means this house is valued at £3,469 per sq meter (£322 per sq foot).
The average size of a house on FOUNTAIN LANE is 204 sq meters (2,197 sq feet).
This house is the largest in the street with a floor area of 371 sq meters (3,993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Fountain Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fountain Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fountain Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Road |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near High Road |