£514,559
This estimated value is based upon the latest sale price for the house of £474,000 on 30 Sep 2021. 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 |
---|---|
£474,000 | 30 Sep 2021 |
£400,000 | 29 Mar 2017 |
£282,000 | 26 Jul 2007 |
£84,995 | 8 Jul 1997 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £474,000 results in an estimated price of approximately £514,559.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £474,000 | £40,559 | £514,559 |
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 | 51.655 % | £244,845 | £718,845 |
3 Month Average | 16.631 % | £78,829 | £552,829 |
6 Month Average | -4.663 % | £-22,104 | £451,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £399,064 | £390,000 | 14 OAKWOOD ROAD |
13 Feb 2023 | £571,820 | £568,000 | 40 CHEAPSIDE EAST |
2 Feb 2023 | £463,093 | £460,000 | 48 CHEAPSIDE EAST |
3 Mar 2022 | £396,695 | £380,000 | 64 CHEAPSIDE EAST |
15 Feb 2022 | £454,277 | £430,000 | 57 CHEAPSIDE EAST |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 3 Feb 2017. Using an estimated price of £514,560 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on CHEAPSIDE EAST is 121 sq meters (1,309 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Cordelia Crescent | |
Jun 2024 | Anti-social behaviour | On or near Cordelia Crescent | |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Marina Avenue |
May 2024 | Violence and sexual offences | Under investigation | On or near Marina Avenue |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Ely Way |