£2,359,289
This estimated value is based upon the latest sale price for the house of £385,000 on 22 May 2023. 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 |
---|---|
£385,000 | 22 May 2023 |
£327,000 | 26 Aug 2016 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 May 2023 the House Price Index for ESSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £385,000 results in an estimated price of approximately £2,359,289.
22 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £385,000 | £1,974,289 | £2,359,289 |
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 | 10.798 % | £41,571 | £426,571 |
3 Month Average | -10.722 % | £-41,279 | £343,720 |
6 Month Average | -9.096 % | £-35,021 | £349,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £763,460 | £740,000 | 1 FOLLY PLACE |
30 Aug 2023 | £409,384 | £402,000 | 25 HAWTHORNE GARDENS |
23 Aug 2023 | £425,168 | £417,500 | 19 HAWTHORNE GARDENS |
10 Aug 2023 | £595,745 | £585,000 | 32 FOLLY LANE |
31 Aug 2022 | £477,232 | £475,000 | 61 FOLLY LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 May 2016.
The average size of a house on GAY BOWERS is 140 sq meters (1,507 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alderman'S Hill |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fountain Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pond Chase |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bartlett View |
Aug 2024 | Vehicle crime | Under investigation | On or near Manor Road |