£675,302
This estimated value is based upon the latest sale price for the house of £515,000 on 2 Dec 2016. 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 |
|---|---|
| £515,000 | 2 Dec 2016 |
| £125,000 | 1 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 December 2016 the House Price Index for ESSEX was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £515,000 results in an estimated price of approximately £675,302.
| 2 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £515,000 | £160,302 | £675,302 |
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 | -14.629 % | £-75,340 | £439,659 |
| 3 Month Average | 0.114 % | £586 | £515,586 |
| 6 Month Average | 17.550 % | £90,384 | £605,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £676,812 | £680,000 | 18 WELLSFIELD |
| 29 Jul 2022 | £676,822 | £675,000 | 27 HAMBRO HILL |
| 7 Jun 2022 | £699,891 | £690,000 | 57 WELLSFIELD |
| 4 Oct 2021 | £1,067,751 | £965,000 | 147 HOCKLEY ROAD |
| 28 Jun 2021 | £359,430 | £335,000 | 10 HAMBRO CLOSE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 3 Sep 2016. Using an estimated price of £675,302 means this house is valued at £4,194 per sq meter (£389 per sq foot).
The average size of a house on HOCKLEY ROAD is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hambro Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellsfield |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairview Crescent |
| Mar 2024 | Possession of weapons | Under investigation | On or near Plowmans |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |