£563,127
This estimated value is based upon the latest sale price for the house of £197,000 on 27 Jun 2002. 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 |
|---|---|
| £197,000 | 27 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 952 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 2002 the House Price Index for ESSEX was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £197,000 results in an estimated price of approximately £563,127.
| 27 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £197,000 | £366,127 | £563,127 |
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 | 97.705 % | £192,479 | £389,479 |
| 3 Month Average | 135.566 % | £267,065 | £464,065 |
| 6 Month Average | 173.103 % | £341,013 | £538,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £496,690 | £488,000 | 3 PLOWMANS |
| 22 Sep 2023 | £481,152 | £475,000 | 45 UPPER LAMBRICKS |
| 22 Sep 2023 | £619,926 | £612,000 | 65 LOWER LAMBRICKS |
| 18 Sep 2023 | £557,123 | £550,000 | 7 DRAKES WAY |
| 16 Aug 2023 | £388,398 | £385,000 | 54 LOWER LAMBRICKS |
This house has a floor area of 88 sq meters or 952 sq feet when measured on 3 Oct 2008. Using an estimated price of £563,128 means this house is valued at £6,362 per sq meter (£591 per sq foot).
The average size of a house on DRAKES WAY is 117 sq meters (1,261 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Plowmans |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Curtisway |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Curtisway |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellsfield |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Preston Gardens |