£146,493
This estimated value is based upon the latest sale price for the house of £58,000 on 23 Dec 2002. 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 |
|---|---|
| £58,000 | 23 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 26 sq meters or 280 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 December 2002 the House Price Index for ESSEX was 58.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 152.576%.Applying this 152.576% change to the original purchase price of £58,000 results in an estimated price of approximately £146,493.
| 23 Dec 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.0 | 152.576 % | £58,000 | £88,493 | £146,493 |
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 | -30.970 % | £-17,962 | £40,037 |
| 3 Month Average | 100.105 % | £58,061 | £116,061 |
| 6 Month Average | 120.309 % | £69,779 | £127,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £126,000 | £126,000 | 17 ROMSEY CLOSE |
| 7 Jul 2023 | £328,104 | £325,000 | 93 SUDELEY GARDENS |
| 4 Jul 2023 | £348,295 | £345,000 | 22 CAERNARVON CLOSE |
| 30 Mar 2023 | £341,848 | £340,000 | 36 ROMSEY CLOSE |
| 22 Feb 2023 | £472,764 | £475,000 | 11 CAERNARVON CLOSE |
This house has a floor area of 26 sq meters or 280 sq feet when measured on 17 May 2011. Using an estimated price of £146,494 means this house is valued at £5,621 per sq meter (£522 per sq foot).
The average size of a house on ROMSEY CLOSE is 53 sq meters (577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodstock Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodstock Crescent |