£1,298,741
This estimated value is based upon the latest sale price for the house of £960,000 on 27 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 |
|---|---|
| £960,000 | 27 May 2016 |
| Detached |
| 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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £960,000 results in an estimated price of approximately £1,298,741.
| 27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £960,000 | £338,741 | £1,298,741 |
The Postcode Pricing Model uses changes in average sales price within the SS11 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 | 15.336 % | £147,227 | £1,107,227 |
| 3 Month Average | 20.647 % | £198,210 | £1,158,210 |
| 6 Month Average | 19.842 % | £190,479 | £1,150,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £486,039 | £475,000 | 14 MALTINGS ROAD |
| 20 Apr 2023 | £382,148 | £375,000 | 2 BEDLOES AVENUE |
| 18 Aug 2022 | £210,987 | £210,000 | HAMBRO LODGE CHELMSFORD ROAD |
| 11 Feb 2022 | £393,002 | £372,000 | 5 BEDLOES AVENUE |
| 15 Oct 2021 | £2,006,403 | £1,800,000 | UNIT 1 THE MALTINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Bedloes Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Bedloes Avenue | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rawreth Lane |
| Jun 2024 | Anti-social behaviour | On or near Rawreth Lane | |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rawreth Lane |