£470,562
This estimated value is based upon the latest sale price for the house of £410,000 on 9 Dec 2020. 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 Laburnum Way
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £410,000 | 9 Dec 2020 |
| £315,000 | 17 Jul 2014 |
| £267,500 | 21 Dec 2006 |
| £172,000 | 3 Apr 2002 |
| £117,500 | 16 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £410,000 results in an estimated price of approximately £470,562.
| 9 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £410,000 | £60,562 | £470,562 |
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 | -26.834 % | £-110,018 | £299,981 |
| 3 Month Average | -21.438 % | £-87,897 | £322,102 |
| 6 Month Average | -3.284 % | £-13,462 | £396,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £607,771 | £600,000 | 6 SYCAMORE CLOSE |
| 20 Jun 2022 | £644,102 | £635,000 | 53 LABURNUM WAY |
| 24 Mar 2022 | £652,845 | £630,000 | 2 ROWAN CLOSE |
| 5 Nov 2021 | £670,539 | £620,000 | 4 LABURNUM WAY |
| 28 Oct 2021 | £242,319 | £219,000 | 61 TEMPLE WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 26 Jan 2014. Using an estimated price of £470,563 means this house is valued at £5,114 per sq meter (£475 per sq foot).
The average size of a house on ROWAN CLOSE is 137 sq meters (1,477 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Laburnum Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gowlett Mews |
| Feb 2024 | Anti-social behaviour | On or near Gowlett Mews | |
| Feb 2024 | Anti-social behaviour | On or near Gowlett Mews | |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Gowlett Mews |