£480,766
This estimated value is based upon the latest sale price for the house of £382,500 on 17 Oct 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 |
---|---|
£382,500 | 17 Oct 2017 |
£280,000 | 22 Jan 2015 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 October 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £382,500 results in an estimated price of approximately £480,766.
17 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.0 | 25.690 % | £382,500 | £98,266 | £480,766 |
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 | 19.978 % | £76,416 | £458,916 |
3 Month Average | 3.984 % | £15,239 | £397,739 |
6 Month Average | 13.267 % | £50,746 | £433,246 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £231,880 | £230,000 | 53A BILTON ROAD |
1 Jun 2023 | £504,087 | £500,000 | 91 SCRUB LANE |
1 Feb 2023 | £442,905 | £445,000 | 2 SCRUB LANE MEWS, 100 SCRUB LANE |
16 Sep 2022 | £464,352 | £470,000 | 61 GREENACRES |
21 Jul 2022 | £609,177 | £610,000 | 29 SHEPHERDS WALK |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 23 Jun 2015. Using an estimated price of £480,766 means this house is valued at £5,114 per sq meter (£475 per sq foot).
The average size of a house on GREENACRES is 128 sq meters (1,384 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenacres |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scrub Lane Mews |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scrub Lane Mews |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scrub Lane |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Scrub Lane |