£393,272
This estimated value is based upon the latest sale price for the house of £316,000 on 19 Mar 2019. 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 |
|---|---|
| £316,000 | 19 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £316,000 results in an estimated price of approximately £393,272.
| 19 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £316,000 | £77,272 | £393,272 |
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 | 15.109 % | £47,745 | £363,745 |
| 3 Month Average | 16.771 % | £52,996 | £368,996 |
| 6 Month Average | 14.266 % | £45,082 | £361,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £299,194 | £290,000 | 38 NORWICH CRESCENT |
| 6 Jan 2023 | £350,938 | £350,000 | 10 LINCOLN WAY |
| 10 Aug 2022 | £341,597 | £340,000 | 10 BRISTOL CLOSE |
| 26 Nov 2021 | £347,012 | £318,500 | 29 LINCOLN WAY |
| 15 Oct 2021 | £356,694 | £320,000 | 4 NORWICH CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 26 Jul 2018. Using an estimated price of £393,272 means this house is valued at £4,681 per sq meter (£434 per sq foot).
The average size of a house on NORWICH CRESCENT is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Truro Crescent |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Truro Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Truro Crescent |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Truro Crescent |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Truro Crescent |