£410,007
This estimated value is based upon the latest sale price for the house of £322,500 on 6 Oct 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 |
|---|---|
| £322,500 | 6 Oct 2017 |
| £202,000 | 5 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 845 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 October 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £322,500 results in an estimated price of approximately £410,007.
| 6 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £322,500 | £87,507 | £410,007 |
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 | 58.133 % | £187,479 | £509,979 |
| 3 Month Average | 7.766 % | £25,046 | £347,546 |
| 6 Month Average | 2.550 % | £8,222 | £330,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £383,715 | £375,000 | 52 DAWS HEATH ROAD |
| 30 Jun 2023 | £433,691 | £425,000 | 62 RICHMOND DRIVE |
| 24 Mar 2023 | £366,114 | £360,000 | 40 RICHMOND DRIVE |
| 3 May 2022 | £377,844 | £368,000 | 3 BEDFORD CLOSE |
| 4 Mar 2022 | £414,963 | £397,500 | 24 RICHMOND DRIVE |
This house has a floor area of 78 sq meters or 845 sq feet when measured on 14 Oct 2010. Using an estimated price of £410,008 means this house is valued at £5,221 per sq meter (£485 per sq foot).
The average size of a house on RICHMOND DRIVE is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Richmond Drive |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Woodlands Close |
| Jul 2024 | Other theft | Under investigation | On or near Clyde Crescent |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Totman Crescent |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nursery Close |