£510,307
This estimated value is based upon the latest sale price for the house of £380,000 on 16 May 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 |
|---|---|
| £380,000 | 16 May 2016 |
| £80,000 | 17 Oct 2014 |
| £75,000 | 10 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £380,000 results in an estimated price of approximately £510,307.
| 16 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £380,000 | £130,307 | £510,307 |
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 | 27.251 % | £103,554 | £483,554 |
| 3 Month Average | 18.030 % | £68,512 | £448,512 |
| 6 Month Average | 14.221 % | £54,040 | £434,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £405,457 | £400,000 | 33 WILLOW DRIVE |
| 2 Feb 2023 | £459,691 | £460,000 | 48 CHEAPSIDE EAST |
| 3 Mar 2022 | £393,780 | £380,000 | 64 CHEAPSIDE EAST |
| 30 Nov 2021 | £578,610 | £535,000 | 30 WILLOW DRIVE |
| 30 Sep 2021 | £510,779 | £474,000 | 54 CHEAPSIDE EAST |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 29 Feb 2016. Using an estimated price of £510,308 means this house is valued at £4,516 per sq meter (£419 per sq foot).
The average size of a house on WILLOW DRIVE is 113 sq meters (1,225 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Local resolution | On or near Dene Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherrydown |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Marina Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marina Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marina Avenue |