2, FALCON CLOSE, RAYLEIGH, SS6 9BH - £217,000

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.

2 FALCON CLOSE is a semi-detached house, which could now be worth an estimated £392,555. It was last sold for £217,000 in May 2007, which was around 1% above the average May 2007 semi-detached price in the Rochford local authority area.

2 FALCON CLOSE Sold Prices

Land registry data shows four sales for 2 FALCON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. All of the four 2 FALCON CLOSE 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
2007 4 MAY	£217,000	£214,526	1% above HPI
2002 4 FEB	£133,500	£119,021	12% above HPI
1999 22 JAN	£86,500	£74,401	16% above HPI
1995 25 AUG	£74,000	£58,543	26% above HPI

What might 2 FALCON CLOSE be worth now?

2 FALCON CLOSE might now be worth an estimated £392,555.

This is based on house price inflation of 80.9%, between May 2007 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 80.9% inflationary increase is applied to the most recent sale price for 2 FALCON CLOSE of £217,000 on 4th May 2007. For the value to have increased from £217,000 to £392,555 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 2 FALCON CLOSE has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The May 2007 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FALCON CLOSE has not materially changed since May 2007.

Where is 2 FALCON CLOSE?

2 FALCON CLOSE is located in RAYLEIGH, in the SS6 postcode district.