£348,646
This estimated value is based upon the latest sale price for the house of £320,000 on 18 Nov 2021. 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 |
---|---|
£320,000 | 18 Nov 2021 |
£194,995 | 29 Mar 2010 |
£185,000 | 29 Aug 2008 |
£59,995 | 14 Aug 1998 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £320,000 results in an estimated price of approximately £348,646.
18 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £320,000 | £28,646 | £348,646 |
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 | 5.550 % | £17,759 | £337,759 |
3 Month Average | 5.724 % | £18,316 | £338,316 |
6 Month Average | -7.092 % | £-22,694 | £297,305 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2023 | £439,993 | £430,000 | 57 CORNHILL AVENUE |
22 Sep 2023 | £317,499 | £310,500 | 6 CORNHILL AVENUE |
14 Aug 2023 | £325,878 | £320,000 | 50 CORNHILL AVENUE |
31 Mar 2023 | £381,369 | £375,000 | 20 CORNHILL AVENUE |
20 Oct 2022 | £358,802 | £360,000 | 12 OAK WALK |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 20 Jun 2021. Using an estimated price of £348,646 means this house is valued at £5,447 per sq meter (£506 per sq foot).
The average size of a house on CORNHILL AVENUE is 66 sq meters (711 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cornhill Avenue | |
Apr 2024 | Anti-social behaviour | On or near Cornhill Avenue | |
Apr 2024 | Anti-social behaviour | On or near Cornhill Avenue | |
Apr 2024 | Anti-social behaviour | On or near Cornhill Avenue | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oak Walk |