£237,610
This estimated value is based upon the latest sale price for the house of £138,000 on 19 Mar 2012. 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 |
---|---|
£138,000 | 19 Mar 2012 |
£117,500 | 28 Mar 2008 |
Terraced |
Freehold |
Floor Area: 27 sq meters or 290 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 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £138,000 results in an estimated price of approximately £237,610.
19 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £138,000 | £99,610 | £237,610 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 114.230 % | £157,637 | £295,637 |
3 Month Average | 77.127 % | £106,434 | £244,434 |
6 Month Average | 76.663 % | £105,794 | £243,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £127,104 | £126,000 | 17 ROMSEY CLOSE |
26 Sep 2023 | £289,379 | £283,000 | 53 SUDELEY GARDENS |
18 Sep 2023 | £273,530 | £267,500 | 48 BUCKINGHAM ROAD |
30 Mar 2023 | £345,774 | £340,000 | 36 ROMSEY CLOSE |
22 Feb 2023 | £478,194 | £475,000 | 11 CAERNARVON CLOSE |
This house has a floor area of 27 sq meters or 290 sq feet when measured on 26 Mar 2011. Using an estimated price of £237,611 means this house is valued at £8,800 per sq meter (£817 per sq foot).
The average size of a house on ROMSEY CLOSE is 53 sq meters (577 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Romsey Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romsey Close |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Romsey Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Romsey Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romsey Close |