£298,871
This estimated value is based upon the latest sale price for the house of £65,000 on 15 Dec 1998. 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 |
|---|---|
| £65,000 | 15 Dec 1998 |
| Terraced |
| Freehold |
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 1998 the House Price Index for ESSEX was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £65,000 results in an estimated price of approximately £298,871.
| 15 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £65,000 | £233,871 | £298,871 |
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 | 43.729 % | £28,423 | £93,423 |
| 3 Month Average | 306.959 % | £199,523 | £264,523 |
| 6 Month Average | 333.089 % | £216,508 | £281,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £435,000 | £435,000 | 2 ST JAMES WALK |
| 14 Dec 2023 | £468,192 | £460,000 | 6 BELVEDERE AVENUE |
| 7 Nov 2023 | £253,757 | £250,000 | 9 MEY WALK |
| 27 Jul 2023 | £461,207 | £455,000 | 4 MEY WALK |
| 27 Jan 2023 | £472,773 | £475,000 | 4 MARLBOROUGH WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Belvedere Avenue |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Osborne Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sandringham Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Gardens |