£1,564,996
This estimated value is based upon the latest sale price for the house of £1,450,000 on 3 Dec 2021. 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 |
---|---|
£1,450,000 | 3 Dec 2021 |
Freehold |
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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £1,450,000 results in an estimated price of approximately £1,564,996.
3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £1,450,000 | £114,996 | £1,564,996 |
The Postcode Pricing Model uses changes in average sales price within the CM3 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 | 12.023 % | £174,330 | £1,624,330 |
3 Month Average | 14.846 % | £215,262 | £1,665,262 |
6 Month Average | 15.674 % | £227,278 | £1,677,278 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £277,409 | £275,000 | 12 SALFORAL CLOSE |
20 Oct 2023 | £583,247 | £570,000 | 15 EAST HANNINGFIELD ROAD |
22 Sep 2023 | £884,498 | £865,000 | 32 EAST HANNINGFIELD ROAD |
29 Nov 2022 | £1,542,786 | £1,550,000 | BARN MEAD OLD CHURCH ROAD |
9 Jun 2022 | £858,348 | £840,000 | UNIT 12 RAWLINGS FARM MAIN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near East Hanningfield Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Main Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Main Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Main Road |