£418,659
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Sep 2020. 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 |
|---|---|
| £350,000 | 18 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £350,000 results in an estimated price of approximately £418,659.
| 18 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £350,000 | £68,659 | £418,659 |
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 | -55.624 % | £-194,685 | £155,314 |
| 3 Month Average | -5.972 % | £-20,903 | £329,096 |
| 6 Month Average | 12.572 % | £44,001 | £394,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £246,089 | £240,500 | 7 FOLLYGATE, 10 ALDERMANS HILL |
| 29 Sep 2023 | £449,918 | £440,000 | 16 LABURNUM GROVE |
| 10 Aug 2023 | £595,745 | £585,000 | 32 FOLLY LANE |
| 31 Aug 2022 | £477,232 | £475,000 | 61 FOLLY LANE |
| 1 Apr 2022 | £430,530 | £415,000 | 29 SUNNYFIELD GARDENS |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 14 Jan 2020. Using an estimated price of £418,660 means this house is valued at £3,912 per sq meter (£363 per sq foot).
The average size of a house on LABURNUM GROVE is 133 sq meters (1,434 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 Pond Chase |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Manor Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bartlett View |