£508,007
This estimated value is based upon the latest sale price for the house of £470,000 on 16 Jun 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 |
---|---|
£470,000 | 16 Jun 2021 |
£430,000 | 20 Sep 2017 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £470,000 results in an estimated price of approximately £508,007.
16 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £470,000 | £38,007 | £508,007 |
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 | -4.700 % | £-22,090 | £447,909 |
3 Month Average | -16.205 % | £-76,162 | £393,837 |
6 Month Average | -13.017 % | £-61,180 | £408,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £373,241 | £370,000 | 5 PULPITS CLOSE |
17 Mar 2023 | £401,709 | £395,000 | 41 HARROGATE ROAD |
31 Jan 2023 | £330,884 | £330,000 | 12 HARROGATE ROAD |
25 Nov 2022 | £388,185 | £390,000 | 32 HARROGATE ROAD |
15 Jul 2022 | £580,820 | £575,000 | 19 TONBRIDGE ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 9 May 2017. Using an estimated price of £508,007 means this house is valued at £4,792 per sq meter (£445 per sq foot).
The average size of a house on MALVERN ROAD is 130 sq meters (1,401 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blackthorn Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Pulpits Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Pulpits Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pulpits Close |