£197,940
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Feb 2014. 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 |
|---|---|
| £125,000 | 28 Feb 2014 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 February 2014 the House Price Index for ESSEX was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £125,000 results in an estimated price of approximately £197,940.
| 28 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £125,000 | £72,940 | £197,940 |
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 | -50.057 % | £-62,571 | £62,428 |
| 3 Month Average | 41.969 % | £52,461 | £177,461 |
| 6 Month Average | 52.318 % | £65,396 | £190,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £534,678 | £530,000 | 27A GREENSWARD LANE |
| 28 Jul 2023 | £354,775 | £350,000 | 10 GRAHAM CLOSE |
| 21 Jul 2023 | £466,276 | £460,000 | 9 BROAD WALK |
| 28 Apr 2023 | £384,136 | £380,000 | 9 SEDDONS WALK |
| 31 Mar 2023 | £429,042 | £425,000 | 16 BROAD WALK |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 May 2013. Using an estimated price of £197,941 means this house is valued at £2,787 per sq meter (£259 per sq foot).
The average size of a house on BROAD PARADE is 103 sq meters (1,119 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Broad Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Close |