£575,160
This estimated value is based upon the latest sale price for the house of £465,000 on 10 Aug 2018. 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 |
|---|---|
| £465,000 | 10 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 August 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £465,000 results in an estimated price of approximately £575,160.
| 10 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £465,000 | £110,160 | £575,160 |
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 | 31.148 % | £144,840 | £609,840 |
| 3 Month Average | 12.100 % | £56,264 | £521,264 |
| 6 Month Average | 9.504 % | £44,192 | £509,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £196,721 | £195,000 | 46 ESSEX CLOSE |
| 25 Nov 2022 | £247,008 | £250,000 | 27 ESSEX CLOSE |
| 4 Jul 2022 | £466,255 | £465,000 | 22 THE CHASE |
| 28 Apr 2022 | £216,258 | £210,000 | 15 ESSEX CLOSE |
| 14 Apr 2022 | £504,602 | £490,000 | 1 LODGELANDS CLOSE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 1 Jul 2018. Using an estimated price of £575,160 means this house is valued at £4,198 per sq meter (£390 per sq foot).
The average size of a house on THE CHASE is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lodgelands Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Meadway |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Essex Close |
| Apr 2024 | Drugs | Under investigation | On or near Essex Close |