£734,237
This estimated value is based upon the latest sale price for the house of £695,000 on 25 Feb 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 |
|---|---|
| £695,000 | 25 Feb 2022 |
| £440,000 | 18 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £695,000 results in an estimated price of approximately £734,237.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £695,000 | £39,237 | £734,237 |
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 | 2.491 % | £17,311 | £712,311 |
| 3 Month Average | -12.284 % | £-85,372 | £609,627 |
| 6 Month Average | -12.327 % | £-85,670 | £609,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £365,000 | £365,000 | 49 POND CHASE |
| 29 Sep 2023 | £449,918 | £440,000 | 16 LABURNUM GROVE |
| 10 Aug 2023 | £595,745 | £585,000 | 32 FOLLY LANE |
| 31 Aug 2022 | £477,232 | £475,000 | 61 FOLLY LANE |
| 1 Apr 2022 | £430,530 | £415,000 | 29 SUNNYFIELD GARDENS |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 29 Aug 2015. Using an estimated price of £734,238 means this house is valued at £5,827 per sq meter (£541 per sq foot).
The average size of a house on FOLLY LANE is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pond Chase |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alderman'S Hill |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bartlett View |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fountain Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Road |