£482,335
This estimated value is based upon the latest sale price for the house of £372,500 on 7 Feb 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 |
|---|---|
| £372,500 | 7 Feb 2017 |
| £145,000 | 10 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.486%.Applying this 29.486% change to the original purchase price of £372,500 results in an estimated price of approximately £482,335.
| 7 Feb 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.0 | 29.486 % | £372,500 | £109,835 | £482,335 |
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 | -65.802 % | £-245,111 | £127,388 |
| 3 Month Average | -0.052 % | £-193 | £372,306 |
| 6 Month Average | 8.430 % | £31,400 | £403,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £440,657 | £435,000 | 54 WOODPOND AVENUE |
| 16 Nov 2023 | £521,697 | £515,000 | 34 WOODPOND AVENUE |
| 14 Aug 2023 | £241,468 | £240,000 | FLAT 3 OAK LODGE, 21 SOUTHEND ROAD |
| 2 Jun 2023 | £264,646 | £262,500 | FLAT 10 OAK LODGE, 21 SOUTHEND ROAD |
| 26 Apr 2023 | £246,835 | £245,000 | FLAT 29 OAK LODGE, 21 SOUTHEND ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Jan 2015. Using an estimated price of £482,335 means this house is valued at £6,793 per sq meter (£631 per sq foot).
The average size of a house on HILLCREST ROAD is 180 sq meters (1,945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillcrest Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillcrest Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillcrest Road |
| Feb 2024 | Drugs | Local resolution | On or near Hillcrest Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Hillcrest Road |