£483,093
This estimated value is based upon the latest sale price for the house of £290,000 on 27 Aug 2013. 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 |
---|---|
£290,000 | 27 Aug 2013 |
£52,500 | 23 Feb 1996 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 August 2013 the House Price Index for ESSEX was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £290,000 results in an estimated price of approximately £483,093.
27 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £290,000 | £193,093 | £483,093 |
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 | 90.638 % | £262,850 | £552,850 |
3 Month Average | 73.692 % | £213,708 | £503,708 |
6 Month Average | 65.014 % | £188,540 | £478,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £500,376 | £485,000 | 9 ALDERMANS HILL |
15 Dec 2023 | £577,753 | £560,000 | 5 ALDERMANS HILL |
16 Oct 2023 | £246,089 | £240,500 | 7 FOLLYGATE, 10 ALDERMANS HILL |
13 Oct 2023 | £332,553 | £325,000 | 10 FOLLYGATE, 10 ALDERMANS HILL |
29 Sep 2023 | £449,918 | £440,000 | 16 LABURNUM GROVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Mar 2013. Using an estimated price of £483,094 means this house is valued at £5,428 per sq meter (£504 per sq foot).
The average size of a house on ALDERMANS HILL is 118 sq meters (1,279 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunnyfield Gardens |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Gay Bowers |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bull Lane |
May 2024 | Anti-social behaviour | On or near Bull Lane | |
May 2024 | Anti-social behaviour | On or near Bull Lane |