£520,294
This estimated value is based upon the latest sale price for the house of £450,000 on 8 Dec 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 |
---|---|
£450,000 | 8 Dec 2020 |
£225,000 | 25 Apr 2008 |
Semi-Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £450,000 results in an estimated price of approximately £520,294.
8 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £450,000 | £70,294 | £520,294 |
The Postcode Pricing Model uses changes in average sales price within the SS6 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 | 28.337 % | £127,515 | £577,515 |
3 Month Average | -6.614 % | £-29,764 | £420,235 |
6 Month Average | -7.591 % | £-34,158 | £415,841 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £422,998 | £410,000 | 11A UPLANDS PARK ROAD |
22 Aug 2023 | £496,454 | £487,500 | 1 ELM CLOSE |
20 Apr 2023 | £376,033 | £369,000 | 17 BROADLANDS AVENUE |
22 Aug 2022 | £411,926 | £410,000 | 4 BROADLANDS AVENUE |
10 Jun 2022 | £378,082 | £370,000 | 48 UPWAY |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 26 Sep 2019. Using an estimated price of £520,294 means this house is valued at £3,797 per sq meter (£352 per sq foot).
The average size of a house on BROADLANDS AVENUE is 93 sq meters (1,002 sq feet).
This house is the largest in the street with a floor area of 137 sq meters (1,474 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadlands Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Upway |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elm Close |
Jun 2024 | Other crime | Under investigation | On or near Elm Close |
Jun 2024 | Other crime | Under investigation | On or near Elm Close |