£508,979
This estimated value is based upon the latest sale price for the house of £340,000 on 16 Jan 2015. 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 |
---|---|
£340,000 | 16 Jan 2015 |
£306,000 | 14 Dec 2007 |
£93,750 | 3 Mar 1995 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 January 2015 the House Price Index for ESSEX was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £340,000 results in an estimated price of approximately £508,979.
16 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £340,000 | £168,979 | £508,979 |
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 | 63.507 % | £215,922 | £555,922 |
3 Month Average | 37.138 % | £126,267 | £466,267 |
6 Month Average | 33.631 % | £114,345 | £454,345 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £299,194 | £290,000 | 38 NORWICH CRESCENT |
6 Jan 2023 | £350,938 | £350,000 | 10 LINCOLN WAY |
10 Aug 2022 | £341,597 | £340,000 | 10 BRISTOL CLOSE |
26 Nov 2021 | £347,012 | £318,500 | 29 LINCOLN WAY |
15 Oct 2021 | £356,694 | £320,000 | 4 NORWICH CRESCENT |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 5 Sep 2012. Using an estimated price of £508,980 means this house is valued at £4,894 per sq meter (£454 per sq foot).
The average size of a house on DOWNHALL PARK WAY is 139 sq meters (1,501 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Downhall Park Way |
Jun 2024 | Public order | Under investigation | On or near Bristol Close |
Jun 2024 | Public order | Under investigation | On or near Bristol Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Truro Crescent |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Harberts Way |