£417,978
This estimated value is based upon the latest sale price for the house of £350,000 on 20 Aug 2020. 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 |
|---|---|
| £350,000 | 20 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2020 the House Price Index for SOUTHEND-ON-SEA was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £350,000 results in an estimated price of approximately £417,978.
| 20 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £350,000 | £67,978 | £417,978 |
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 | -16.270 % | £-56,945 | £293,054 |
| 3 Month Average | 18.763 % | £65,671 | £415,671 |
| 6 Month Average | 12.861 % | £45,011 | £395,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £440,840 | £432,500 | 25 BOUNDARY ROAD |
| 2 Nov 2023 | £405,202 | £400,000 | 30 RAYLEIGH AVENUE |
| 18 Apr 2023 | £352,621 | £350,000 | 114 SPRINGWATER ROAD |
| 7 Feb 2023 | £343,376 | £345,000 | 24 BOUNDARY ROAD |
| 26 Aug 2022 | £425,128 | £428,000 | 10 BOUNDARY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 28 Jan 2020. Using an estimated price of £417,979 means this house is valued at £4,593 per sq meter (£426 per sq foot).
The average size of a house on SPRINGWATER ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Awaiting court outcome | On or near Rayleigh Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Southwood Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Boundary Road |
| Jan 2024 | Other theft | Awaiting court outcome | On or near Boundary Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near A1015 |