£400,671
This estimated value is based upon the latest sale price for the house of £289,500 on 11 Dec 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 |
---|---|
£289,500 | 11 Dec 2015 |
£202,000 | 2 Apr 2015 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £289,500 results in an estimated price of approximately £400,671.
11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £289,500 | £111,171 | £400,671 |
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 | 43.916 % | £127,137 | £416,637 |
3 Month Average | 26.741 % | £77,416 | £366,916 |
6 Month Average | 23.450 % | £67,887 | £357,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £442,747 | £435,000 | 55 PURLEIGH ROAD |
2 Nov 2023 | £305,523 | £301,000 | 71 PURLEIGH ROAD |
27 Jul 2023 | £369,980 | £365,000 | 69 HATFIELD ROAD |
6 Jun 2023 | £323,924 | £320,000 | 69 PURLEIGH ROAD |
19 Apr 2023 | £313,374 | £310,000 | 42 HATFIELD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Feb 2015. Using an estimated price of £400,672 means this house is valued at £6,359 per sq meter (£590 per sq foot).
The average size of a house on PURLEIGH ROAD is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Close |
Mar 2024 | Anti-social behaviour | On or near Elsenham Court | |
Mar 2024 | Anti-social behaviour | On or near Elsenham Court | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elsenham Court |
Mar 2024 | Public order | Under investigation | On or near Elsenham Court |