£425,228
This estimated value is based upon the latest sale price for the house of £345,000 on 6 Feb 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 |
---|---|
£345,000 | 6 Feb 2020 |
£250,000 | 3 Oct 2014 |
£66,500 | 18 Feb 1998 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £345,000 results in an estimated price of approximately £425,228.
6 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £345,000 | £80,228 | £425,228 |
The Postcode Pricing Model uses changes in average sales price within the SS6 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 | 61.662 % | £212,734 | £557,734 |
3 Month Average | 14.554 % | £50,211 | £395,211 |
6 Month Average | 6.968 % | £24,040 | £369,040 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £369,376 | £360,000 | 3 KENILWORTH GARDENS |
22 Sep 2023 | £327,213 | £320,000 | 4 WIMARC CRESCENT |
12 Sep 2023 | £526,609 | £515,000 | 5 PEARSONS AVENUE |
24 Aug 2023 | £351,337 | £345,000 | 1 WIMARC CRESCENT |
11 Aug 2023 | £509,184 | £500,000 | 65 LONDON ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 3 Apr 2014. Using an estimated price of £425,229 means this house is valued at £4,252 per sq meter (£395 per sq foot).
The average size of a house on SIR WALTER RALEIGH DRIVE is 129 sq meters (1,397 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sir Walter Raleigh Drive |
Jun 2024 | Anti-social behaviour | On or near Sir Walter Raleigh Drive | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sir Walter Raleigh Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sir Walter Raleigh Drive |
Jun 2024 | Anti-social behaviour | On or near Sir Walter Raleigh Drive |