£559,219
This estimated value is based upon the latest sale price for the house of £450,000 on 4 Dec 2018. 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 |
---|---|
£450,000 | 4 Dec 2018 |
£249,000 | 2 Nov 2005 |
£116,000 | 29 May 1998 |
£95,000 | 29 Nov 1996 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £450,000 results in an estimated price of approximately £559,219.
4 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £450,000 | £109,219 | £559,219 |
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 | 9.137 % | £41,116 | £491,116 |
3 Month Average | 11.367 % | £51,149 | £501,149 |
6 Month Average | 9.845 % | £44,304 | £494,304 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £273,530 | £267,500 | 48 BUCKINGHAM ROAD |
22 Feb 2023 | £478,194 | £475,000 | 11 CAERNARVON CLOSE |
4 Jan 2023 | £270,723 | £270,000 | 40 WESTMINSTER DRIVE |
28 Jun 2022 | £408,737 | £400,000 | 15 CAERNARVON CLOSE |
17 May 2022 | £492,839 | £480,000 | 33 WESTMINSTER DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 30 Jul 2018. Using an estimated price of £559,220 means this house is valued at £4,335 per sq meter (£402 per sq foot).
The average size of a house on WESTMINSTER DRIVE is 104 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Caernarvon Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Romsey Close |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Romsey Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romsey Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romsey Close |