£340,602
This estimated value is based upon the latest sale price for the house of £232,000 on 18 Mar 2015. 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 |
---|---|
£232,000 | 18 Mar 2015 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.812%.Applying this 46.812% change to the original purchase price of £232,000 results in an estimated price of approximately £340,602.
18 Mar 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.0 | 46.812 % | £232,000 | £108,602 | £340,602 |
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 | 45.686 % | £105,992 | £337,992 |
3 Month Average | 41.099 % | £95,349 | £327,349 |
6 Month Average | 49.026 % | £113,740 | £345,740 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £511,729 | £510,000 | 169 RAYLEIGH ROAD |
28 Mar 2023 | £219,185 | £218,000 | FLAT 6 WESTWOOD LODGE, 124 RAYLEIGH ROAD |
22 Aug 2022 | £250,805 | £252,500 | FLAT 24 WISTERIA COURT, 186 RAYLEIGH ROAD |
8 Jul 2022 | £232,186 | £232,500 | 112 RAYLEIGH ROAD |
9 Jun 2022 | £257,611 | £255,000 | FLAT 16 WISTERIA COURT, 186 RAYLEIGH ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 Dec 2014. Using an estimated price of £340,603 means this house is valued at £3,623 per sq meter (£336 per sq foot).
The average size of a house on PRITTLE CLOSE is 109 sq meters (1,179 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prittle Close |
Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Prittle Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Bentonwood |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bentonwood |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Close |