£361,331
This estimated value is based upon the latest sale price for the house of £300,000 on 6 Mar 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 |
|---|---|
| £300,000 | 6 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £300,000 results in an estimated price of approximately £361,331.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £300,000 | £61,331 | £361,331 |
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 | -27.353 % | £-82,059 | £217,940 |
| 3 Month Average | -6.816 % | £-20,447 | £279,552 |
| 6 Month Average | 9.803 % | £29,409 | £329,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £365,410 | £360,000 | 3 KENILWORTH GARDENS |
| 12 Sep 2023 | £521,670 | £515,000 | 5 PEARSONS AVENUE |
| 11 Aug 2023 | £504,413 | £500,000 | 65 LONDON ROAD |
| 24 Feb 2023 | £294,802 | £295,000 | 9 DANBURY ROAD |
| 7 Jul 2022 | £431,161 | £430,000 | 25 VERNON AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 19 Sep 2019. Using an estimated price of £361,331 means this house is valued at £4,059 per sq meter (£377 per sq foot).
The average size of a house on SIR WALTER RALEIGH DRIVE is 129 sq meters (1,397 sq feet).
This house is the smallest in the street with a floor area of 89 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sir Walter Raleigh Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sir Walter Raleigh Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sir Walter Raleigh Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sir Walter Raleigh Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sir Walter Raleigh Drive |