£718,719
This estimated value is based upon the latest sale price for the house of £699,995 on 18 May 2022. 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 |
|---|---|
| £699,995 | 18 May 2022 |
| £445,000 | 8 Apr 2014 |
| £190,000 | 1 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,034 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 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £699,995 results in an estimated price of approximately £718,719.
| 18 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £699,995 | £18,724 | £718,719 |
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 | -23.831 % | £-166,819 | £533,175 |
| 3 Month Average | 0.058 % | £402 | £700,397 |
| 6 Month Average | -2.771 % | £-19,398 | £680,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £866,630 | £840,000 | 489 RAYLEIGH ROAD |
| 25 Aug 2023 | £427,714 | £420,000 | 15 ASQUITH GARDENS |
| 27 May 2022 | £480,005 | £467,500 | 22 ASQUITH GARDENS |
| 18 May 2022 | £718,719 | £699,995 | 393 RAYLEIGH ROAD |
| 4 Apr 2022 | £311,227 | £300,000 | THE LODGE HACKS DRIVE |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 3 Dec 2021. Using an estimated price of £718,719 means this house is valued at £3,802 per sq meter (£353 per sq foot).
The average size of a house on RAYLEIGH ROAD is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Starling Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Starling Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deerhurst |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Asquith Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Asquith Avenue |