£567,378
This estimated value is based upon the latest sale price for the house of £99,950 on 9 Jun 1995. 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 |
---|---|
£99,950 | 9 Jun 1995 |
Detached |
Freehold |
Floor Area: 188 sq meters or 2,023 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 June 1995 the House Price Index for ESSEX was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.662%.Applying this 467.662% change to the original purchase price of £99,950 results in an estimated price of approximately £567,378.
9 Jun 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.662 % | £99,950 | £467,428 | £567,378 |
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 | 607.126 % | £606,822 | £706,772 |
3 Month Average | 409.627 % | £409,422 | £509,372 |
6 Month Average | 385.966 % | £385,772 | £485,722 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £400,000 | £400,000 | 3 FAIRLAND CLOSE |
18 Aug 2023 | £539,735 | £530,000 | 16 EASTVIEW DRIVE |
17 Feb 2023 | £453,026 | £450,000 | 12 FAIRLAND CLOSE |
13 Feb 2023 | £397,656 | £395,000 | 38 FERNDALE ROAD |
28 Jul 2022 | £431,827 | £427,500 | 4 FAIRLAND CLOSE |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 10 Sep 2013. Using an estimated price of £567,378 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on MORTIMER ROAD is 125 sq meters (1,354 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Mortimer Road | |
May 2024 | Anti-social behaviour | On or near Mortimer Road | |
May 2024 | Anti-social behaviour | On or near Mortimer Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Saxon Close |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norman Crescent |