£401,373
This estimated value is based upon the latest sale price for the house of £275,000 on 22 May 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 |
|---|---|
| £275,000 | 22 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £275,000 results in an estimated price of approximately £401,373.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £275,000 | £126,373 | £401,373 |
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 | 48.510 % | £133,401 | £408,401 |
| 3 Month Average | 40.842 % | £112,314 | £387,314 |
| 6 Month Average | 31.760 % | £87,339 | £362,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £294,358 | £290,000 | 3 QUEENS ROAD |
| 22 Sep 2023 | £238,044 | £235,000 | 1 DAWS HEATH ROAD |
| 6 Sep 2023 | £407,713 | £402,500 | 24 NURSERY CLOSE |
| 11 Nov 2022 | £316,170 | £320,000 | FLAT 6 CROSSLANDS COURT, 5 DAWS HEATH ROAD |
| 25 Oct 2022 | £247,337 | £250,000 | 9 NURSERY CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Jan 2015. Using an estimated price of £401,373 means this house is valued at £6,081 per sq meter (£564 per sq foot).
The average size of a house on RANDWAY is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Local resolution | On or near Randway |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hardwick Close |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Hardwick Close |
| Feb 2024 | Other crime | Under investigation | On or near Hardwick Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near King George'S Close |