2, PRIORY CHASE, RAYLEIGH, SS6 9NF - £135,000

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 PRIORY CHASE is a small flat of 45m², built sometime between 2003 and 2006, which could now be worth an estimated £197,795. It was last sold for £135,000 in January 2014, which was around 9% above the average January 2014 flat price in the Rochford local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

2 PRIORY CHASE Sold Prices

Land registry data shows four sales for 2 PRIORY CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Rochford local authority area for the corresponding sale date. Most of the four 2 PRIORY CHASE 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
2014 31 JAN	£135,000	£123,572	9% above HPI
2012 16 MAR	£130,000	£117,800	10% above HPI
2009 22 MAY	£132,000	£121,847	8% above HPI
2006 15 DEC	£125,440	£131,363	5% below HPI

What might 2 PRIORY CHASE be worth now?

2 PRIORY CHASE might now be worth an estimated £197,795.

This is based on house price inflation of 46.5%, between January 2014 and May 2026, for flats, in the Rochford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.5% inflationary increase is applied to the most recent sale price for 2 PRIORY CHASE of £135,000 on 31st January 2014. For the value to have increased from £135,000 to £197,795 over the eleven years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 PRIORY CHASE has moved in line with the HPI for flats in the Rochford local authority area.
• The January 2014 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY CHASE has not materially changed since January 2014.

How Large is 2 PRIORY CHASE?

2 PRIORY CHASE is 45m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of flats in Rayleigh, based on EPC data. 20% of flats are smaller than 2 PRIORY CHASE, and 77% of flats are larger. Note that EPC data is not available for all properties in Rayleigh.

2 PRIORY CHASE: Plot

2 PRIORY CHASE sits on a plot of roughly 0.632 of an acre, or 2,559m².

Where is 2 PRIORY CHASE?

2 PRIORY CHASE is located in RAYLEIGH, in the SS6 postcode district.