£491,586
This estimated value is based upon the latest sale price for the house of £385,000 on 6 Sep 2017. 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 |
---|---|
£385,000 | 6 Sep 2017 |
£215,000 | 18 Feb 2008 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 726 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 September 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £385,000 results in an estimated price of approximately £491,586.
6 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £385,000 | £106,586 | £491,586 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 21.812 % | £83,978 | £468,978 |
3 Month Average | 12.722 % | £48,979 | £433,979 |
6 Month Average | 15.910 % | £61,251 | £446,251 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £363,159 | £352,000 | 35 BROADLANDS AVENUE |
20 Dec 2023 | £340,462 | £330,000 | 24 BROAD WAY |
20 Nov 2023 | £379,637 | £370,000 | 1 SOUTHVIEW ROAD |
5 Oct 2023 | £339,716 | £332,000 | 30 BROAD WAY |
30 Aug 2023 | £454,701 | £446,500 | 62 SOUTHVIEW ROAD |
This house has a floor area of 67 sq meters or 726 sq feet when measured on 7 Apr 2009. Using an estimated price of £491,586 means this house is valued at £7,278 per sq meter (£676 per sq foot).
The average size of a house on SOUTHVIEW ROAD is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Westbourne Close |
Jul 2024 | Public order | Under investigation | On or near Hampstead Gardens |
May 2024 | Violence and sexual offences | Under investigation | On or near Hampstead Gardens |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampstead Gardens |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greensward Lane |