£442,616
This estimated value is based upon the latest sale price for the house of £330,000 on 31 Aug 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 |
---|---|
£330,000 | 31 Aug 2016 |
£227,000 | 14 Jan 2005 |
£109,995 | 12 Nov 1997 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £330,000 results in an estimated price of approximately £442,616.
31 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £330,000 | £112,616 | £442,616 |
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 | 1.641 % | £5,414 | £335,414 |
3 Month Average | 20.681 % | £68,246 | £398,246 |
6 Month Average | 23.819 % | £78,601 | £408,601 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £360,539 | £355,000 | 12 PRESTWOOD CLOSE |
27 Oct 2023 | £322,321 | £315,000 | 11 PRESTWOOD DRIVE |
8 Sep 2023 | £347,664 | £340,000 | 11 PRESTWOOD CLOSE |
16 Jan 2023 | £516,380 | £515,000 | NEVERN GREAT BURCHES ROAD |
9 Sep 2022 | £414,723 | £415,000 | 76 RAYMONDS DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Mar 2016. Using an estimated price of £442,617 means this house is valued at £5,602 per sq meter (£520 per sq foot).
The average size of a house on PRESTWOOD CLOSE is 79 sq meters (856 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Under investigation | On or near Grandview Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Common Approach |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Common Approach |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Common Approach |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Common Approach |