16, CHEAPSIDE WEST, RAYLEIGH, SS6 9BY - £295,000

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.

16 CHEAPSIDE WEST is a midsized semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £350,846. It was last sold for £295,000 in June 2020, which was around 10% below the average June 2020 semi-detached price in the Rochford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

16 CHEAPSIDE WEST Sold Prices

Land registry data shows one sale for 16 CHEAPSIDE WEST since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 30 JUN	£295,000	£326,307	10% below HPI

What might 16 CHEAPSIDE WEST be worth now?

16 CHEAPSIDE WEST might now be worth an estimated £350,846.

This is based on house price inflation of 18.9%, between June 2020 and May 2026, for semi-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 18.9% inflationary increase is applied to the most recent sale price for 16 CHEAPSIDE WEST of £295,000 on 30th June 2020. For the value to have increased from £295,000 to £350,846 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 16 CHEAPSIDE WEST has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The June 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHEAPSIDE WEST has not materially changed since June 2020.

How Large is 16 CHEAPSIDE WEST?

16 CHEAPSIDE WEST is 83m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of semi-detached houses in Rayleigh, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Rayleigh, and where 16 CHEAPSIDE WEST lies on this distribution: 42% of semi-detached houses are smaller than 16 CHEAPSIDE WEST, and 56% of semi-detached houses are larger. Note that EPC data is not available for all properties in Rayleigh.

16 CHEAPSIDE WEST: Plot

16 CHEAPSIDE WEST sits on a plot of roughly 0.076 of an acre, or 306m².

Where is 16 CHEAPSIDE WEST?

16 CHEAPSIDE WEST is located in RAYLEIGH, in the SS6 postcode district.