£488,929
This estimated value is based upon the latest sale price for the house of £320,000 on 16 Jul 2014. 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 |
|---|---|
| £320,000 | 16 Jul 2014 |
| £280,000 | 28 Nov 2005 |
| £147,000 | 26 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £320,000 results in an estimated price of approximately £488,929.
| 16 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £320,000 | £168,929 | £488,929 |
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 | -62.960 % | £-201,472 | £118,527 |
| 3 Month Average | 28.637 % | £91,638 | £411,638 |
| 6 Month Average | 41.465 % | £132,687 | £452,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £577,382 | £570,000 | 2 WILLOW CLOSE |
| 28 Jul 2023 | £440,935 | £435,000 | 50 BROADLANDS ROAD |
| 5 Jun 2023 | £531,437 | £525,000 | 62 BROADLANDS ROAD |
| 24 Feb 2023 | £449,697 | £450,000 | 5 BROADLANDS ROAD |
| 6 Sep 2022 | £535,674 | £540,000 | 66 GREENSWARD LANE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 1 Aug 2012. Using an estimated price of £488,930 means this house is valued at £3,154 per sq meter (£293 per sq foot).
The average size of a house on GREENSWARD LANE is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hampstead Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hampstead Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampstead Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hampstead Gardens |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Hampstead Gardens |