£1,039,237
This estimated value is based upon the latest sale price for the house of £995,000 on 8 Feb 2022. 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 |
---|---|
£995,000 | 8 Feb 2022 |
£370,000 | 21 Mar 2014 |
Detached |
Freehold |
Floor Area: 297 sq meters or 3,196 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 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £995,000 results in an estimated price of approximately £1,039,237.
8 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.0 | 4.446 % | £995,000 | £44,237 | £1,039,237 |
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 | -2.297 % | £-22,854 | £972,145 |
3 Month Average | -0.618 % | £-6,154 | £988,845 |
6 Month Average | -11.890 % | £-118,308 | £876,691 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £370,000 | £370,000 | 80 CLARENCE ROAD |
3 Apr 2023 | £237,767 | £236,000 | 5 WALPOLE WALK |
1 Aug 2022 | £461,879 | £465,000 | 94 CLARENCE ROAD |
28 Jul 2022 | £255,655 | £256,000 | 1 WALPOLE WALK |
8 Feb 2022 | £1,039,238 | £995,000 | 124 CLARENCE ROAD |
This house has a floor area of 297 sq meters or 3,196 sq feet when measured on 21 Sep 2021. Using an estimated price of £1,039,238 means this house is valued at £3,499 per sq meter (£325 per sq foot).
The average size of a house on CLARENCE ROAD is 112 sq meters (1,207 sq feet).
This house is the largest in the street with a floor area of 297 sq meters (3,196 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Dorothy Farm Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holton Road |
Apr 2024 | Burglary | Unable to prosecute suspect | On or near Thorington Road |
Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Shakespeare Avenue |
Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Shakespeare Avenue |