£480,990
This estimated value is based upon the latest sale price for the house of £382,500 on 24 Apr 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £382,500 | 24 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTHEND-ON-SEA to estimate the market value.
When this house was purchased in April 2018 the House Price Index for SOUTHEND-ON-SEA was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £382,500 results in an estimated price of approximately £480,990.
| 24 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £382,500 | £98,490 | £480,990 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | -12.281 % | £-46,974 | £335,525 |
| 3 Month Average | 20.899 % | £79,937 | £462,437 |
| 6 Month Average | 24.238 % | £92,708 | £475,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £371,500 | £371,500 | 11 THE RYDE |
| 4 Apr 2023 | £460,615 | £452,000 | 31 PARK VIEW DRIVE |
| 1 Feb 2023 | £372,488 | £370,000 | 38 THORNDON PARK DRIVE |
| 12 Jul 2022 | £484,858 | £480,000 | 9 PARK VIEW DRIVE |
| 11 Oct 2021 | £693,881 | £622,500 | 22 PARK VIEW DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Nov 2017. Using an estimated price of £480,991 means this house is valued at £6,774 per sq meter (£629 per sq foot).
The average size of a house on BELFAIRS PARK DRIVE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Belfairs Park Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belfairs Park Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorndon Park Drive |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Thorndon Park Drive |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Woodside |