£493,637
This estimated value is based upon the latest sale price for the house of £485,000 on 18 Dec 2023. 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 |
|---|---|
| £485,000 | 18 Dec 2023 |
| £435,000 | 21 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 December 2023 the House Price Index for ESSEX was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £485,000 results in an estimated price of approximately £493,637.
| 18 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £485,000 | £8,637 | £493,637 |
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 | -75.775 % | £-367,508 | £117,491 |
| 3 Month Average | -11.440 % | £-55,485 | £429,514 |
| 6 Month Average | 6.103 % | £29,600 | £514,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £493,637 | £485,000 | 9 ALDERMANS HILL |
| 15 Dec 2023 | £569,973 | £560,000 | 5 ALDERMANS HILL |
| 29 Sep 2023 | £445,699 | £440,000 | 16 LABURNUM GROVE |
| 21 Jul 2023 | £516,958 | £510,000 | 11 FOLLY LANE |
| 18 Mar 2022 | £427,458 | £412,500 | 4 FOLLY LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 9 Jan 2019. Using an estimated price of £493,637 means this house is valued at £4,113 per sq meter (£382 per sq foot).
The average size of a house on ALDERMANS HILL is 129 sq meters (1,391 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bullwood Approach |
| Jan 2024 | Possession of weapons | Offender given a caution | On or near Bullwood Approach |