£552,555
This estimated value is based upon the latest sale price for the house of £515,000 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 |
|---|---|
| £515,000 | 28 Jun 2021 |
| £280,000 | 6 Jun 2012 |
| £250,000 | 31 May 2007 |
| £240,000 | 10 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,191 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 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £515,000 results in an estimated price of approximately £552,555.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £515,000 | £37,555 | £552,555 |
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 | -27.662 % | £-142,458 | £372,541 |
| 3 Month Average | -20.083 % | £-103,426 | £411,573 |
| 6 Month Average | -7.069 % | £-36,402 | £478,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £390,786 | £385,000 | 20 THE APPROACH |
| 7 Nov 2023 | £188,795 | £186,000 | FLAT 3 THE OLD FORGE, 3 PHILBRICK CRESCENT |
| 15 Jun 2023 | £229,277 | £226,500 | FLAT 2 CITY APPROACH, 1 THE APPROACH |
| 14 Apr 2023 | £475,116 | £470,000 | 18 MOUNT AVENUE |
| 2 Sep 2022 | £525,754 | £530,000 | 18 STATION ROAD |
This house has a floor area of 110 sq meters or 1,191 sq feet when measured on 27 Apr 2010. Using an estimated price of £552,556 means this house is valued at £4,991 per sq meter (£463 per sq foot).
The average size of a house on STATION ROAD is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Castle Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mount Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mount Avenue |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near The Approach |