£210,258
This estimated value is based upon the latest sale price for the house of £145,000 on 31 Jul 2015. 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 |
---|---|
£145,000 | 31 Jul 2015 |
£59,995 | 29 Nov 2000 |
£34,000 | 23 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £145,000 results in an estimated price of approximately £210,258.
31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £145,000 | £65,258 | £210,258 |
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 | 80.696 % | £117,009 | £262,009 |
3 Month Average | 33.161 % | £48,083 | £193,083 |
6 Month Average | 26.051 % | £37,773 | £182,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £617,500 | £617,500 | 54 THE CHASE |
20 Sep 2023 | £409,016 | £400,000 | 42 THE CHASE |
4 Aug 2023 | £198,582 | £195,000 | 46 ESSEX CLOSE |
23 Jun 2023 | £352,055 | £345,000 | 78 LESLIE ROAD |
28 Apr 2023 | £815,248 | £800,000 | 84 LESLIE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 3 Oct 2014. Using an estimated price of £210,259 means this house is valued at £3,391 per sq meter (£315 per sq foot).
The average size of a house on ESSEX CLOSE is 71 sq meters (771 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Essex Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Essex Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Essex Close |