5, MEDOC CLOSE, BASILDON, SS13 1NR - £58,500

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.

5 MEDOC CLOSE is a semi-detached house, which could now be worth an estimated £294,410. It was last sold for £58,500 in October 1999, which was around 30% below the average October 1999 semi-detached price in the Basildon local authority area.

5 MEDOC CLOSE Sold Prices

Land registry data shows two sales for 5 MEDOC CLOSE 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 Basildon local authority area for the corresponding sale date. Both of the two 5 MEDOC CLOSE 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
1999 29 OCT	£58,500	£82,992	30% below HPI
1998 21 SEP	£46,950	£74,512	37% below HPI

What might 5 MEDOC CLOSE be worth now?

5 MEDOC CLOSE might now be worth an estimated £294,410.

This is based on house price inflation of 403.3%, between October 1999 and May 2026, for semi-detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 403.3% inflationary increase is applied to the most recent sale price for 5 MEDOC CLOSE of £58,500 on 29th October 1999. For the value to have increased from £58,500 to £294,410 over the 27 years and five months to May 2026, the following assumptions must hold true:

• The value of 5 MEDOC CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The October 1999 sale price of £58,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MEDOC CLOSE has not materially changed since October 1999.

Where is 5 MEDOC CLOSE?

5 MEDOC CLOSE is located in BASILDON, in the SS13 postcode district.