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.
48 THE APPROACH is a terraced house, which could now be worth an estimated £365,386. It was last sold for £109,950 in September 2001, which was around 8% above the average September 2001 terraced price in the Rochford local authority area.
Land registry data shows three sales for 48 THE APPROACH since 1st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rochford local authority area for the corresponding sale date. One of the three 48 THE APPROACH sales was for above the average price, whilst two 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 |
|---|---|---|---|
2001 14 SEP | £109,950 | £101,505 | 8% above HPI |
2001 23 MAR | £70,000 | £90,536 | 23% below HPI |
2001 9 FEB | £50,000 | £89,259 | 44% below HPI |
48 THE APPROACH might now be worth an estimated £365,386.
This is based on house price inflation of 232.3%, between September 2001 and May 2026, for terraced 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 232.3% inflationary increase is applied to the most recent sale price for 48 THE APPROACH of £109,950 on 14th September 2001. For the value to have increased from £109,950 to £365,386 over the 25 years and four months to May 2026, the following assumptions must hold true:
48 THE APPROACH is located in RAYLEIGH, in the SS6 postcode district.
Most recent sales first: