£407,828
This estimated value is based upon the latest sale price for the house of £330,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £330,000 | 13 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTHEND-ON-SEA to estimate the market value.
When this house was purchased in December 2019 the House Price Index for SOUTHEND-ON-SEA was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £330,000 results in an estimated price of approximately £407,828.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £330,000 | £77,828 | £407,828 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | -9.911 % | £-32,704 | £297,295 |
| 3 Month Average | 17.635 % | £58,196 | £388,196 |
| 6 Month Average | 12.791 % | £42,210 | £372,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £446,211 | £432,500 | 25 BOUNDARY ROAD |
| 2 Nov 2023 | £410,418 | £400,000 | 30 RAYLEIGH AVENUE |
| 8 Sep 2023 | £368,115 | £360,000 | 7 BOUNDARY ROAD |
| 18 Apr 2023 | £356,671 | £350,000 | 114 SPRINGWATER ROAD |
| 7 Feb 2023 | £347,320 | £345,000 | 24 BOUNDARY ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 4 Oct 2019. Using an estimated price of £407,829 means this house is valued at £4,204 per sq meter (£390 per sq foot).
The average size of a house on SPRINGWATER ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Rayleigh Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Boundary Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Boundary Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Southwood Gardens |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southwood Gardens |