£463,321
This estimated value is based upon the latest sale price for the house of £375,000 on 28 Nov 2019. 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 |
---|---|
£375,000 | 28 Nov 2019 |
£343,000 | 2 Oct 2017 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £375,000 results in an estimated price of approximately £463,321.
28 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £375,000 | £88,321 | £463,321 |
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 | 20.556 % | £77,084 | £452,084 |
3 Month Average | 12.730 % | £47,737 | £422,737 |
6 Month Average | -1.509 % | £-5,658 | £369,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £425,000 | £425,000 | 159 THE CHASE |
22 Mar 2024 | £391,007 | £385,000 | 172 BULL LANE |
3 Nov 2023 | £436,069 | £425,000 | 4 BLOWER CLOSE |
3 Mar 2023 | £467,813 | £460,000 | 5 BLOWER CLOSE |
24 Feb 2023 | £523,497 | £520,000 | 197 BULL LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 6 Jun 2017. Using an estimated price of £463,322 means this house is valued at £4,633 per sq meter (£430 per sq foot).
The average size of a house on ALBERT ROAD is 121 sq meters (1,311 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blower Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Blower Close |
May 2024 | Other crime | Further action is not in the public interest | On or near Blower Close |