£434,494
This estimated value is based upon the latest sale price for the house of £349,995 on 8 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Essex Close
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £349,995 | 8 Oct 2018 |
| £137,000 | 19 Jun 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £349,995 results in an estimated price of approximately £434,494.
| 8 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £349,995 | £84,499 | £434,494 |
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 | 13.798 % | £48,291 | £398,286 |
| 3 Month Average | 17.379 % | £60,825 | £410,820 |
| 6 Month Average | 19.349 % | £67,719 | £417,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £617,500 | £617,500 | 54 THE CHASE |
| 4 Aug 2023 | £198,582 | £195,000 | 46 ESSEX CLOSE |
| 23 Jun 2023 | £352,055 | £345,000 | 78 LESLIE ROAD |
| 28 Apr 2023 | £815,248 | £800,000 | 84 LESLIE ROAD |
| 25 Nov 2022 | £248,836 | £250,000 | 27 ESSEX CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Oct 2017. Using an estimated price of £434,495 means this house is valued at £5,570 per sq meter (£517 per sq foot).
The average size of a house on WARWICK ROAD is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Essex Close |
| Sep 2024 | Other theft | Under investigation | On or near Essex Close |
| Sep 2024 | Burglary | Under investigation | On or near Essex Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Essex Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Essex Close |