£407,638
This estimated value is based upon the latest sale price for the house of £330,000 on 15 Feb 2019. 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 |
|---|---|
| £330,000 | 15 Feb 2019 |
| £185,000 | 27 May 2005 |
| £119,995 | 1 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £330,000 results in an estimated price of approximately £407,638.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £330,000 | £77,638 | £407,638 |
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 | -14.513 % | £-47,893 | £282,106 |
| 3 Month Average | -11.621 % | £-38,349 | £291,650 |
| 6 Month Average | 0.526 % | £1,735 | £331,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £455,518 | £450,000 | 87 LOUIS DRIVE |
| 2 Jun 2023 | £374,537 | £370,000 | 116 LOUIS DRIVE WEST |
| 9 Feb 2023 | £499,664 | £500,000 | 91 LOUIS DRIVE |
| 2 Feb 2023 | £374,748 | £375,000 | 101 LOUIS DRIVE WEST |
| 29 Jul 2022 | £561,512 | £560,000 | 5 LEONARD DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 27 Nov 2018. Using an estimated price of £407,639 means this house is valued at £7,151 per sq meter (£664 per sq foot).
The average size of a house on LOUIS DRIVE WEST is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |