£490,532
This estimated value is based upon the latest sale price for the house of £420,000 on 12 Nov 2020. 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 |
---|---|
£420,000 | 12 Nov 2020 |
£77,000 | 11 Jan 2000 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £420,000 results in an estimated price of approximately £490,532.
12 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £420,000 | £70,532 | £490,532 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | -9.263 % | £-38,906 | £381,093 |
3 Month Average | -4.027 % | £-16,913 | £403,086 |
6 Month Average | -1.550 % | £-6,511 | £413,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2024 | £468,000 | £468,000 | 1 SEDDONS WALK |
24 Aug 2023 | £458,265 | £450,000 | 17 WILLOW WALK |
31 Mar 2023 | £432,218 | £425,000 | 16 BROAD WALK |
7 Mar 2023 | £422,048 | £415,000 | 14 WILLOW WALK |
4 Mar 2022 | £391,475 | £375,000 | 8 BROAD WALK |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 27 Mar 2014. Using an estimated price of £490,533 means this house is valued at £4,053 per sq meter (£376 per sq foot).
The average size of a house on BROAD WALK is 94 sq meters (1,020 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broad Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Walk |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Seddons Walk |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |