£342,060
This estimated value is based upon the latest sale price for the house of £257,500 on 16 Sep 2016. 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 |
|---|---|
| £257,500 | 16 Sep 2016 |
| £202,000 | 20 May 2014 |
| £220,000 | 24 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 631 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 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £257,500 results in an estimated price of approximately £342,060.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £257,500 | £84,560 | £342,060 |
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 | 54.366 % | £139,991 | £397,491 |
| 3 Month Average | 27.105 % | £69,796 | £327,296 |
| 6 Month Average | 14.205 % | £36,578 | £294,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £198,473 | £195,000 | 3 LANSDOWNE COURT LANSDOWNE DRIVE |
| 3 Nov 2023 | £487,213 | £480,000 | 12 GLEBE DRIVE |
| 25 Aug 2023 | £418,663 | £415,000 | 53 GLEBE DRIVE |
| 21 Jul 2023 | £228,070 | £225,000 | 78 THE APPROACH |
| 26 Jun 2023 | £164,999 | £163,000 | 1 LANSDOWNE COURT LANSDOWNE DRIVE |
This house has a floor area of 58 sq meters or 631 sq feet when measured on 1 Oct 2010. Using an estimated price of £342,061 means this house is valued at £5,829 per sq meter (£541 per sq foot).
The average size of a house on THE APPROACH is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |