£490,785
This estimated value is based upon the latest sale price for the house of £400,000 on 3 Sep 2019. 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 |
|---|---|
| £400,000 | 3 Sep 2019 |
| £440,000 | 13 Jul 2017 |
| £373,000 | 6 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £400,000 results in an estimated price of approximately £490,785.
| 3 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £400,000 | £90,785 | £490,785 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -63.831 % | £-255,325 | £144,674 |
| 3 Month Average | -0.702 % | £-2,806 | £397,193 |
| 6 Month Average | 6.946 % | £27,784 | £427,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £253,757 | £250,000 | 9 MEY WALK |
| 27 Jul 2023 | £461,207 | £455,000 | 4 MEY WALK |
| 16 Mar 2023 | £643,058 | £637,000 | 48 MAIN ROAD |
| 24 Feb 2023 | £384,741 | £385,000 | 8 GATSCOMBE CLOSE |
| 3 Feb 2023 | £529,644 | £530,000 | 47 MAIN ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 24 Nov 2014. Using an estimated price of £490,786 means this house is valued at £4,056 per sq meter (£376 per sq foot).
The average size of a house on MAIN ROAD is 125 sq meters (1,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Bett'S Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sandringham Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnwell Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Belvedere Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Gardens |