42, CHEAPSIDE WEST, RAYLEIGH, SS6 9DE - £179,995

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.

42 CHEAPSIDE WEST is a detached house, which could now be worth an estimated £495,309. It was last sold for £179,995 in August 2002, which was around 22% below the average August 2002 detached price in the Rochford local authority area.

42 CHEAPSIDE WEST Sold Prices

Land registry data shows two sales for 42 CHEAPSIDE WEST 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 42 CHEAPSIDE WEST sales were for below 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
2002 16 AUG	£179,995	£231,356	22% below HPI
1998 22 MAY	£99,950	£122,832	19% below HPI

What might 42 CHEAPSIDE WEST be worth now?

42 CHEAPSIDE WEST might now be worth an estimated £495,309.

This is based on house price inflation of 175.2%, between August 2002 and May 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 175.2% inflationary increase is applied to the most recent sale price for 42 CHEAPSIDE WEST of £179,995 on 16th August 2002. For the value to have increased from £179,995 to £495,309 over the 24 years and three months to May 2026, the following assumptions must hold true:

• The value of 42 CHEAPSIDE WEST has moved in line with the HPI for detached houses in the Rochford local authority area.
• The August 2002 sale price of £179,995 represented a fair market value for the property.
• The size, condition, and specification of 42 CHEAPSIDE WEST has not materially changed since August 2002.

Where is 42 CHEAPSIDE WEST?

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