£631,223
This estimated value is based upon the latest sale price for the house of £500,000 on 29 Mar 2018. 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 |
---|---|
£500,000 | 29 Mar 2018 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 March 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £500,000 results in an estimated price of approximately £631,223.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £500,000 | £131,223 | £631,223 |
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 | -11.104 % | £-55,518 | £444,481 |
3 Month Average | 19.248 % | £96,240 | £596,240 |
6 Month Average | 18.291 % | £91,454 | £591,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £636,148 | £620,000 | 71 FALBRO CRESCENT |
24 Mar 2023 | £355,944 | £350,000 | 6 HEDGE LANE |
6 Jan 2023 | £513,873 | £512,500 | 9 HEDGE LANE |
10 Jun 2022 | £475,157 | £465,000 | 41 WESTWOOD GARDENS |
18 Mar 2022 | £561,114 | £537,500 | 17 FALBRO CRESCENT |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 22 Jan 2018. Using an estimated price of £631,223 means this house is valued at £4,675 per sq meter (£434 per sq foot).
The average size of a house on WESTWOOD GARDENS is 103 sq meters (1,108 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hedge Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Springfield |
May 2024 | Public order | Offender given a caution | On or near Springfield |
Jul 2024 | Robbery | Unable to prosecute suspect | On or near Westbourne Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westbourne Close |