£359,435
This estimated value is based upon the latest sale price for the house of £74,000 on 27 Jan 1998. 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 |
---|---|
£74,000 | 27 Jan 1998 |
£67,000 | 28 Jun 1995 |
Terraced |
Freehold |
Floor Area: 129 sq meters or 1,388 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 January 1998 the House Price Index for ESSEX was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £74,000 results in an estimated price of approximately £359,435.
27 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 149.7 | 385.724 % | £74,000 | £285,435 | £359,435 |
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 | 472.974 % | £350,001 | £424,001 |
3 Month Average | 311.106 % | £230,218 | £304,218 |
6 Month Average | 294.823 % | £218,168 | £292,168 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £383,715 | £375,000 | 52 DAWS HEATH ROAD |
22 Sep 2023 | £240,297 | £235,000 | 1 DAWS HEATH ROAD |
6 Sep 2023 | £411,573 | £402,500 | 24 NURSERY CLOSE |
30 Jun 2023 | £433,691 | £425,000 | 62 RICHMOND DRIVE |
24 Mar 2023 | £366,114 | £360,000 | 40 RICHMOND DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 6 Aug 2014. Using an estimated price of £359,436 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on BEDFORD CLOSE is 127 sq meters (1,377 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nursery Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Randway |
May 2024 | Public order | Unable to prosecute suspect | On or near Randway |
Apr 2024 | Drugs | Local resolution | On or near Randway |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Richmond Drive |