£622,123
This estimated value is based upon the latest sale price for the house of £475,000 on 17 Feb 2017. 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 |
|---|---|
| £475,000 | 17 Feb 2017 |
| £285,000 | 9 Jan 2004 |
| £189,950 | 31 May 2001 |
| £119,995 | 27 Mar 1997 |
| 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 ESSEX to estimate the market value.
When this house was purchased in February 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £475,000 results in an estimated price of approximately £622,123.
| 17 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £475,000 | £147,123 | £622,123 |
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 | 54.342 % | £258,126 | £733,126 |
| 3 Month Average | 13.048 % | £61,975 | £536,975 |
| 6 Month Average | 10.001 % | £47,504 | £522,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £382,669 | £375,000 | 82 DOWNHALL PARK WAY |
| 4 Jul 2022 | £646,478 | £640,000 | 9 ELY WAY |
| 1 Jun 2022 | £357,645 | £350,000 | 88 DOWNHALL PARK WAY |
| 15 Feb 2022 | £454,277 | £430,000 | 57 CHEAPSIDE EAST |
| 22 Dec 2021 | £440,358 | £408,000 | 16 CHEAPSIDE EAST |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 12 Aug 2016. Using an estimated price of £622,124 means this house is valued at £6,413 per sq meter (£595 per sq foot).
The average size of a house on ELY WAY is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Ely Way |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Harberts Way |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Harberts Way |
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Harberts Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Harberts Way |