£410,729
This estimated value is based upon the latest sale price for the house of £380,000 on 28 Jun 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 |
|---|---|
| £380,000 | 28 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £380,000 results in an estimated price of approximately £410,729.
| 28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £380,000 | £30,729 | £410,729 |
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 | -16.675 % | £-63,366 | £316,633 |
| 3 Month Average | -4.413 % | £-16,768 | £363,231 |
| 6 Month Average | -3.475 % | £-13,204 | £366,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £419,903 | £407,000 | 333 RAYLEIGH ROAD |
| 22 Sep 2023 | £322,100 | £315,000 | 311 RAYLEIGH ROAD |
| 13 Sep 2023 | £363,002 | £355,000 | 12 HEATHFIELD |
| 5 Jan 2023 | £426,139 | £425,000 | 31 KINGSHAWES |
| 29 Jul 2022 | £404,049 | £400,000 | 21 KINGSHAWES |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Dec 2018. Using an estimated price of £410,729 means this house is valued at £4,148 per sq meter (£385 per sq foot).
The average size of a house on RAYLEIGH ROAD is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Balmerino Avenue |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Balmerino Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Balmerino Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Balmerino Avenue |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Balmerino Avenue |