£609,053
This estimated value is based upon the latest sale price for the house of £600,000 on 13 May 2022. 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 |
---|---|
£600,000 | 13 May 2022 |
£395,000 | 7 Mar 2014 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,293 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 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £600,000 results in an estimated price of approximately £609,053.
13 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.0 | 1.509 % | £600,000 | £9,053 | £609,053 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | -12.434 % | £-74,602 | £525,397 |
3 Month Average | -7.320 % | £-43,918 | £556,081 |
6 Month Average | -1.989 % | £-11,936 | £588,063 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2023 | £467,527 | £465,000 | 50 THE MALYONS |
15 Aug 2022 | £444,000 | £447,000 | 52 THE MALYONS |
2 Aug 2022 | £496,644 | £500,000 | 211 KILN ROAD |
7 Jul 2022 | £634,143 | £635,000 | 30 KINGSTON ROAD |
6 Jun 2022 | £247,509 | £245,000 | FLAT 5 GROVEWOOD COURT, 165 KILN ROAD |
This house has a floor area of 120 sq meters or 1,293 sq feet when measured on 3 Jun 2011. Using an estimated price of £609,053 means this house is valued at £5,068 per sq meter (£470 per sq foot).
The average size of a house on WENSLEY ROAD is 154 sq meters (1,667 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Possession of weapons | Local resolution | On or near The Oaks |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Willison Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Malyon Court Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Malyon Court Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malyon Court Close |