£492,224
This estimated value is based upon the latest sale price for the house of £475,000 on 18 Mar 2022. 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 |
|---|---|
| £475,000 | 18 Mar 2022 |
| £325,000 | 8 Dec 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £475,000 results in an estimated price of approximately £492,224.
| 18 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £475,000 | £17,224 | £492,224 |
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 | -32.285 % | £-153,352 | £321,647 |
| 3 Month Average | -11.094 % | £-52,694 | £422,305 |
| 6 Month Average | -6.295 % | £-29,901 | £445,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £449,871 | £442,000 | 202 LONDON ROAD |
| 1 Dec 2023 | £407,123 | £400,000 | 195 LONDON ROAD |
| 1 Dec 2023 | £432,569 | £425,000 | 49 LOUIS DRIVE |
| 30 Nov 2023 | £355,260 | £350,000 | 17 ALEXANDRIA DRIVE |
| 15 Sep 2023 | £253,238 | £250,000 | 223 LONDON ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 25 Aug 2021. Using an estimated price of £492,225 means this house is valued at £5,657 per sq meter (£525 per sq foot).
The average size of a house on ALEXANDRIA DRIVE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Ronald Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hartford Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hartford Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Louis Drive East |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Louis Drive East |