7, CHEAPSIDE WEST, RAYLEIGH, SS6 9BY - £247,500

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.

7 CHEAPSIDE WEST is a semi-detached house, which could now be worth an estimated £434,776. It was last sold for £247,500 in August 2007, which was around 12% above the average August 2007 semi-detached price in the Rochford local authority area.

7 CHEAPSIDE WEST Sold Prices

Land registry data shows two sales for 7 CHEAPSIDE WEST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochford local authority area for the corresponding sale date. Both of the two 7 CHEAPSIDE WEST 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 20 AUG	£247,500	£220,918	12% above HPI
2003 21 AUG	£182,000	£171,680	6% above HPI

What might 7 CHEAPSIDE WEST be worth now?

7 CHEAPSIDE WEST might now be worth an estimated £434,776.

This is based on house price inflation of 75.7%, between August 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 75.7% inflationary increase is applied to the most recent sale price for 7 CHEAPSIDE WEST of £247,500 on 20th August 2007. For the value to have increased from £247,500 to £434,776 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 7 CHEAPSIDE WEST has moved in line with the HPI for semi-detached houses in the Rochford local authority area.
• The August 2007 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 7 CHEAPSIDE WEST has not materially changed since August 2007.

Where is 7 CHEAPSIDE WEST?

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