£1,532,006
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Jul 2024. 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 |
|---|---|
| £250,000 | 5 Jul 2024 |
| Terraced |
| Freehold |
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 July 2024 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 £250,000 results in an estimated price of approximately £1,532,006.
| 5 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £250,000 | £1,282,006 | £1,532,006 |
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 | -9.288 % | £-23,218 | £226,781 |
| 3 Month Average | -6.773 % | £-16,931 | £233,068 |
| 6 Month Average | -0.946 % | £-2,365 | £247,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £250,000 | £250,000 | 35 DRAKE CLOSE |
| 15 Apr 2024 | £219,910 | £218,000 | 12 ABBOTSWOOD |
| 1 Mar 2024 | £517,958 | £510,000 | 169 RAYLEIGH ROAD |
| 25 Oct 2023 | £209,764 | £205,000 | 18 ABBOTSWOOD |
| 20 Oct 2023 | £322,321 | £315,000 | 4 WINDSOR GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Drake Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Drake Close |
| Aug 2024 | Anti-social behaviour | On or near Thurlstone | |
| Aug 2024 | Anti-social behaviour | On or near Thurlstone | |
| Jul 2024 | Public order | Under investigation | On or near Thurlstone |