40A, THE APPROACH, RAYLEIGH, SS6 9AA - £110,250

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.

40A THE APPROACH is a very small flat of 41m², built sometime between 1900 and 1929, which could now be worth an estimated £167,517. It was last sold for £110,250 in December 2012, which was around 7% below the average December 2012 flat price in the Rochford local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

40A THE APPROACH Sold Prices

Land registry data shows one sale for 40A THE APPROACH since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2012 14 DEC	£110,250	£119,157	7% below HPI

What might 40A THE APPROACH be worth now?

40A THE APPROACH might now be worth an estimated £167,517.

This is based on house price inflation of 51.9%, between December 2012 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 51.9% inflationary increase is applied to the most recent sale price for 40A THE APPROACH of £110,250 on 14th December 2012. For the value to have increased from £110,250 to £167,517 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 40A THE APPROACH has moved in line with the HPI for flats in the Rochford local authority area.
• The December 2012 sale price of £110,250 represented a fair market value for the property.
• The size, condition, and specification of 40A THE APPROACH has not materially changed since December 2012.

How Large is 40A THE APPROACH?

40A THE APPROACH is 41m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of flats in Rayleigh, based on EPC data. 7% of flats are smaller than 40A THE APPROACH, and 90% of flats are larger. Note that EPC data is not available for all properties in Rayleigh.

40A THE APPROACH: Plot

40A THE APPROACH sits on a plot of roughly 0.071 of an acre, or 286m².

Where is 40A THE APPROACH?

40A THE APPROACH is located in RAYLEIGH, in the SS6 postcode district.