£286,144
This estimated value is based upon the latest sale price for the house of £245,000 on 6 Nov 2020. 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 |
---|---|
£245,000 | 6 Nov 2020 |
£203,500 | 23 Apr 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £245,000 results in an estimated price of approximately £286,144.
6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £245,000 | £41,144 | £286,144 |
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 | 13.281 % | £32,538 | £277,538 |
3 Month Average | -3.573 % | £-8,754 | £236,245 |
6 Month Average | -6.466 % | £-15,842 | £229,157 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £457,022 | £450,000 | 16 CASTLE DRIVE |
26 Oct 2023 | £393,947 | £385,000 | 67 CROWN HILL |
18 Oct 2023 | £511,620 | £500,000 | 16 LEASWAY |
3 Feb 2023 | £337,253 | £335,000 | 41C CROWN HILL |
27 Jan 2023 | £325,871 | £325,000 | 41D CROWN HILL |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Jul 2020. Using an estimated price of £286,144 means this house is valued at £4,402 per sq meter (£408 per sq foot).
The average size of a house on CROWN HILL is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A129 |