£394,339
This estimated value is based upon the latest sale price for the house of £325,000 on 13 Mar 2020. 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 |
---|---|
£325,000 | 13 Mar 2020 |
£217,000 | 10 Nov 2014 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £325,000 results in an estimated price of approximately £394,339.
13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £325,000 | £69,339 | £394,339 |
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 | 27.426 % | £89,134 | £414,134 |
3 Month Average | 10.768 % | £34,994 | £359,994 |
6 Month Average | 4.913 % | £15,967 | £340,967 |
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 839 sq feet when measured on 28 May 2014. Using an estimated price of £394,340 means this house is valued at £5,055 per sq meter (£469 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 |
Jul 2024 | Other theft | Under investigation | On or near Clyde Crescent |
Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Woodlands Close |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Totman Crescent |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roach Avenue |