£408,777
This estimated value is based upon the latest sale price for the house of £350,000 on 9 Nov 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 |
---|---|
£350,000 | 9 Nov 2020 |
£210,000 | 29 May 2009 |
£174,995 | 26 Feb 2004 |
£68,500 | 11 Dec 1998 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £350,000 results in an estimated price of approximately £408,777.
9 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £350,000 | £58,777 | £408,777 |
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 | 13.281 % | £46,483 | £396,483 |
3 Month Average | -3.573 % | £-12,506 | £337,493 |
6 Month Average | -6.466 % | £-22,632 | £327,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £438,473 | £425,000 | 49 LOUIS DRIVE |
1 Dec 2023 | £412,681 | £400,000 | 195 LONDON ROAD |
30 Nov 2023 | £359,116 | £350,000 | 17 ALEXANDRIA DRIVE |
4 Sep 2023 | £352,777 | £345,000 | 20 TILLINGHAM WAY |
10 Aug 2023 | £404,292 | £397,000 | 18 TILLINGHAM WAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Mar 2020. Using an estimated price of £408,777 means this house is valued at £6,193 per sq meter (£575 per sq foot).
The average size of a house on LOUIS DRIVE is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Louis Close |
Apr 2024 | Anti-social behaviour | On or near Louis Drive East | |
Apr 2024 | Anti-social behaviour | On or near Louis Drive East | |
Apr 2024 | Anti-social behaviour | On or near Louis Drive East | |
Apr 2024 | Anti-social behaviour | On or near Louis Drive East |