11, ELY WAY, RAYLEIGH, SS6 9TR - £143,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 ELY WAY is a detached house, which could now be worth an estimated £689,923. It was last sold for £143,000 in May 1999, which was around 10% above the average May 1999 detached price in the Rochford local authority area.

11 ELY WAY Sold Prices

Land registry data shows two sales for 11 ELY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 11 ELY WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1999 21 MAY	£143,000	£129,677	10% above HPI
1997 2 MAY	£124,995	£109,205	14% above HPI

What might 11 ELY WAY be worth now?

11 ELY WAY might now be worth an estimated £689,923.

This is based on house price inflation of 382.5%, between May 1999 and April 2026, for detached houses, in the Rochford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 382.5% inflationary increase is applied to the most recent sale price for 11 ELY WAY of £143,000 on 21st May 1999. For the value to have increased from £143,000 to £689,923 over the 27 years and one month to April 2026, the following assumptions must hold true:

• The value of 11 ELY WAY has moved in line with the HPI for detached houses in the Rochford local authority area.
• The May 1999 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ELY WAY has not materially changed since May 1999.

Where is 11 ELY WAY?

11 ELY WAY is located in RAYLEIGH, in the SS6 postcode district.