£313,451
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Jun 2021. 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 |
---|---|
£290,000 | 28 Jun 2021 |
£257,500 | 6 Apr 2017 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £290,000 results in an estimated price of approximately £313,451.
28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £290,000 | £23,451 | £313,451 |
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 | -24.414 % | £-70,801 | £219,198 |
3 Month Average | -10.887 % | £-31,571 | £258,428 |
6 Month Average | -4.388 % | £-12,725 | £277,274 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £219,910 | £218,000 | 12 ABBOTSWOOD |
25 Oct 2023 | £209,764 | £205,000 | 18 ABBOTSWOOD |
8 Sep 2023 | £368,115 | £360,000 | 60 QUEENSMERE |
23 Aug 2023 | £356,429 | £350,000 | 41 WOODBURN CLOSE |
6 Jun 2023 | £418,384 | £410,000 | 49 KINGSMERE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 21 Jan 2017. Using an estimated price of £313,451 means this house is valued at £4,477 per sq meter (£416 per sq foot).
The average size of a house on QUEENSMERE is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other crime | Under investigation | On or near Queensmere |
Sep 2024 | Anti-social behaviour | On or near Kingsmere | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsmere |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kingsmere |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Kingsmere |