£390,979
This estimated value is based upon the latest sale price for the house of £320,000 on 4 Dec 2019. 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 |
|---|---|
| £320,000 | 4 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £320,000 results in an estimated price of approximately £390,979.
| 4 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £320,000 | £70,979 | £390,979 |
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 | 2.711 % | £8,674 | £328,674 |
| 3 Month Average | 0.010 % | £32 | £320,032 |
| 6 Month Average | 8.569 % | £27,420 | £347,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £313,939 | £308,000 | 5 HART ROAD |
| 29 Aug 2023 | £487,967 | £485,000 | 26 GRASMERE ROAD |
| 18 Apr 2023 | £397,958 | £395,000 | 51 BORROWDALE CLOSE |
| 31 Mar 2023 | £442,391 | £440,000 | 55 BORROWDALE CLOSE |
| 15 Feb 2023 | £388,164 | £390,000 | 14 BORROWDALE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 2 Sep 2019. Using an estimated price of £390,980 means this house is valued at £4,494 per sq meter (£417 per sq foot).
The average size of a house on BORROWDALE CLOSE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church View Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stoneleighs |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Foxmeadows |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxmeadows |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverdale |