£443,256
This estimated value is based upon the latest sale price for the house of £350,000 on 21 Dec 2017. 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 |
|---|---|
| £350,000 | 21 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £350,000 results in an estimated price of approximately £443,256.
| 21 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £350,000 | £93,256 | £443,256 |
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 | 2.265 % | £7,929 | £357,929 |
| 3 Month Average | 7.743 % | £27,101 | £377,101 |
| 6 Month Average | 1.715 % | £6,003 | £356,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £617,500 | £617,500 | 54 THE CHASE |
| 4 Aug 2023 | £198,582 | £195,000 | 46 ESSEX CLOSE |
| 23 Jun 2023 | £352,055 | £345,000 | 78 LESLIE ROAD |
| 28 Apr 2023 | £815,248 | £800,000 | 84 LESLIE ROAD |
| 25 Nov 2022 | £248,836 | £250,000 | 27 ESSEX CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 Feb 2016. Using an estimated price of £443,256 means this house is valued at £5,276 per sq meter (£490 per sq foot).
The average size of a house on SOUTHVIEW CLOSE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Close |
| Jul 2024 | Anti-social behaviour | On or near Essex Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Essex Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Close |