£259,384
This estimated value is based upon the latest sale price for the house of £183,000 on 23 Oct 2015. 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 |
|---|---|
| £183,000 | 23 Oct 2015 |
| £169,950 | 17 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2015 the House Price Index for ESSEX was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £183,000 results in an estimated price of approximately £259,384.
| 23 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £183,000 | £76,384 | £259,384 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | 27.029 % | £49,463 | £232,463 |
| 3 Month Average | 37.105 % | £67,902 | £250,902 |
| 6 Month Average | 34.115 % | £62,430 | £245,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £223,433 | £220,000 | FLAT 1 THE HAWTHORNS MEADOW ROAD |
| 12 Mar 2024 | £200,582 | £197,500 | FLAT 24 SANDRINGHAM COURT, 503 LONDON ROAD |
| 19 Dec 2023 | £355,937 | £345,000 | FLAT 1 ESTUARY APARTMENTS, 555 LONDON ROAD |
| 17 Nov 2023 | £395,027 | £385,000 | FLAT 5 ESTUARY APARTMENTS, 555 LONDON ROAD |
| 29 Aug 2023 | £371,704 | £365,000 | FLAT 3 ESTUARY APARTMENTS, 555 LONDON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 23 Apr 2015. Using an estimated price of £259,385 means this house is valued at £4,803 per sq meter (£446 per sq foot).
The average size of a house on LONDON ROAD is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Chase |
| Apr 2024 | Drugs | Under investigation | On or near Meadow Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ash Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oak Road North |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road North |