£461,462
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Oct 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 |
---|---|
£175,000 | 8 Oct 2002 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 October 2002 the House Price Index for ESSEX was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £175,000 results in an estimated price of approximately £461,462.
8 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 148.6 | 163.693 % | £175,000 | £286,462 | £461,462 |
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 | 64.478 % | £112,836 | £287,836 |
3 Month Average | 81.677 % | £142,934 | £317,934 |
6 Month Average | 136.104 % | £238,181 | £413,181 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £430,211 | £425,000 | 62 RICHMOND DRIVE |
24 Mar 2023 | £363,424 | £360,000 | 40 RICHMOND DRIVE |
3 May 2022 | £375,067 | £368,000 | 3 BEDFORD CLOSE |
4 Mar 2022 | £411,914 | £397,500 | 24 RICHMOND DRIVE |
18 Feb 2022 | £230,713 | £220,000 | FLAT 2 PHOENIX HEIGHTS CASTLE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 11 Sep 2014. Using an estimated price of £461,463 means this house is valued at £4,233 per sq meter (£393 per sq foot).
The average size of a house on RICHMOND DRIVE is 96 sq meters (1,035 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Bedford Close | |
Dec 2023 | Anti-social behaviour | On or near Bedford Close | |
Dec 2023 | Anti-social behaviour | On or near Bedford Close | |
Dec 2023 | Anti-social behaviour | On or near Bedford Close | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Totman Close |