£318,395
This estimated value is based upon the latest sale price for the house of £295,000 on 9 Dec 2021. 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 |
---|---|
£295,000 | 9 Dec 2021 |
£160,000 | 31 Oct 2008 |
£88,000 | 31 Aug 2001 |
£58,000 | 28 Nov 1997 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £295,000 results in an estimated price of approximately £318,395.
9 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £295,000 | £23,395 | £318,395 |
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 | -25.645 % | £-75,651 | £219,348 |
3 Month Average | -2.102 % | £-6,199 | £288,800 |
6 Month Average | 8.580 % | £25,310 | £320,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2023 | £409,296 | £400,000 | 249 KILN ROAD |
23 Aug 2023 | £356,429 | £350,000 | 41 WOODBURN CLOSE |
5 Apr 2023 | £333,233 | £327,000 | 62 QUEENSMERE |
16 Jan 2023 | £365,978 | £365,000 | 9 WOODBURN CLOSE |
20 Oct 2022 | £323,918 | £325,000 | 29 WOODBURN CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 31 Aug 2018. Using an estimated price of £318,396 means this house is valued at £4,361 per sq meter (£405 per sq foot).
The average size of a house on PARKFIELDS is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Woodburn Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodburn Close |
Sep 2024 | Vehicle crime | Under investigation | On or near Parkfields |
Aug 2024 | Other crime | Under investigation | On or near Queensmere |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shipwrights Drive |