£750,775
This estimated value is based upon the latest sale price for the house of £660,000 on 15 Apr 2021. 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 |
---|---|
£660,000 | 15 Apr 2021 |
£464,995 | 23 Dec 2014 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 April 2021 the House Price Index for ESSEX was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £660,000 results in an estimated price of approximately £750,775.
15 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 149.7 | 13.754 % | £660,000 | £90,775 | £750,775 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | -26.513 % | £-174,986 | £485,013 |
3 Month Average | 2.328 % | £15,363 | £675,363 |
6 Month Average | -2.002 % | £-13,214 | £646,785 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £243,531 | £238,000 | FLAT 27 WILKINSON DROP OAK ROAD SOUTH |
17 Mar 2023 | £345,774 | £340,000 | 24 BEECH ROAD |
18 Nov 2022 | £562,370 | £565,000 | 23 BEECH ROAD |
21 Oct 2022 | £232,025 | £232,800 | FLAT 11 WILKINSON DROP OAK ROAD SOUTH |
31 May 2022 | £385,031 | £375,000 | 24 OAK ROAD SOUTH |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 16 Dec 2014. Using an estimated price of £750,775 means this house is valued at £5,731 per sq meter (£532 per sq foot).
The average size of a house on THE OAKS is 148 sq meters (1,594 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oak Road South |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oak Road South |
Jul 2024 | Anti-social behaviour | On or near Oak Road South | |
Jun 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Oak Road South |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road South |