£520,750
This estimated value is based upon the latest sale price for the house of £422,500 on 14 Feb 2020. 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 |
---|---|
£422,500 | 14 Feb 2020 |
£260,000 | 8 Feb 2010 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £422,500 results in an estimated price of approximately £520,750.
14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £422,500 | £98,250 | £520,750 |
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 | 17.572 % | £74,239 | £496,739 |
3 Month Average | 9.460 % | £39,966 | £462,466 |
6 Month Average | 14.001 % | £59,154 | £481,654 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £273,530 | £267,500 | 48 BUCKINGHAM ROAD |
24 Feb 2023 | £387,589 | £385,000 | 8 GATSCOMBE CLOSE |
28 Jun 2022 | £664,198 | £650,000 | BETTS FARMHOUSE, 9 HEVER CLOSE |
25 Apr 2022 | £770,286 | £742,500 | 7 BUCKINGHAM ROAD |
20 Dec 2021 | £350,775 | £325,000 | 90 BUCKINGHAM ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 23 Oct 2019. Using an estimated price of £520,751 means this house is valued at £4,567 per sq meter (£424 per sq foot).
The average size of a house on HEVER CLOSE is 147 sq meters (1,582 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beatrice Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beatrice Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandringham Avenue |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sudeley Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Gardens |