£286,322
This estimated value is based upon the latest sale price for the house of £131,499 on 5 Dec 2003. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£131,499 | 5 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in December 2003 the House Price Index for HAMPSHIRE was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £131,499 results in an estimated price of approximately £286,322.
5 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £131,499 | £154,823 | £286,322 |
The Postcode Pricing Model uses changes in average sales price within the RG21 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 71.576 % | £94,122 | £225,621 |
3 Month Average | 57.161 % | £75,166 | £206,665 |
6 Month Average | 66.009 % | £86,801 | £218,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2022 | £433,162 | £425,000 | 24 SOUTHEND ROAD |
16 Mar 2022 | £310,879 | £300,000 | 6 WORTING ROAD |
24 Jan 2022 | £384,129 | £365,000 | 11 ESSEX ROAD |
13 Jan 2022 | £378,867 | £360,000 | 27 SOLBYS ROAD |
15 Dec 2021 | £417,837 | £390,000 | 25 SOLBYS ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Aug 2020. Using an estimated price of £286,322 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on RAYLEIGH ROAD is 113 sq meters (1,220 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Rayleigh Road | |
Jan 2024 | Anti-social behaviour | On or near Rayleigh Road | |
Jan 2024 | Anti-social behaviour | On or near Rayleigh Road | |
Jan 2024 | Anti-social behaviour | On or near Rayleigh Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rochford Road |