£168,918
This estimated value is based upon the latest sale price for the house of £112,000 on 11 Aug 2014. 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 |
|---|---|
| £112,000 | 11 Aug 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 50.820%.Applying this 50.820% change to the original purchase price of £112,000 results in an estimated price of approximately £168,918.
| 11 Aug 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.0 | 50.820 % | £112,000 | £56,918 | £168,918 |
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 | 93.800 % | £105,056 | £217,056 |
| 3 Month Average | 47.842 % | £53,583 | £165,583 |
| 6 Month Average | 40.750 % | £45,639 | £157,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £450,523 | £442,000 | 202 LONDON ROAD |
| 1 Dec 2023 | £407,714 | £400,000 | 195 LONDON ROAD |
| 30 Nov 2023 | £354,552 | £350,000 | 17 ALEXANDRIA DRIVE |
| 29 Jul 2022 | £559,244 | £560,000 | 5 LEONARD DRIVE |
| 27 May 2022 | £213,169 | £210,000 | 225 LONDON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Aug 2013. Using an estimated price of £168,919 means this house is valued at £2,313 per sq meter (£214 per sq foot).
The average size of a house on LONDON ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Ronald Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunn Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gunn Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gunn Close |
| Feb 2024 | Public order | Offender given a caution | On or near Claremont Crescent |