£376,659
This estimated value is based upon the latest sale price for the house of £322,500 on 12 Nov 2020. 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 |
|---|---|
| £322,500 | 12 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £322,500 results in an estimated price of approximately £376,659.
| 12 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £322,500 | £54,159 | £376,659 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 7.257 % | £23,405 | £345,905 |
| 3 Month Average | -4.881 % | £-15,741 | £306,758 |
| 6 Month Average | -1.880 % | £-6,063 | £316,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £426,554 | £420,000 | 16 ELIZABETH CLOSE |
| 26 Oct 2023 | £428,737 | £419,000 | 35 BELCHAMPS WAY |
| 20 Oct 2023 | £706,035 | £690,000 | 12 JUBILEE CLOSE |
| 7 Aug 2023 | £408,365 | £401,000 | 32 ELIZABETH CLOSE |
| 21 Apr 2023 | £407,624 | £400,000 | 11 ELIZABETH CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Oct 2015. Using an estimated price of £376,659 means this house is valued at £4,329 per sq meter (£402 per sq foot).
The average size of a house on ELIZABETH CLOSE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elizabeth Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elizabeth Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elizabeth Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Westerings |