5, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £125,000

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 SPRUCE CLOSE is a flat, which could now be worth an estimated £175,129. It was last sold for £125,000 in June 2015, which was around 7% below the average June 2015 flat price in the Basildon local authority area.

5 SPRUCE CLOSE Sold Prices

Land registry data shows two sales for 5 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. Both of the two 5 SPRUCE 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
2015 25 JUN	£125,000	£134,834	7% below HPI
2009 31 MAR	£90,000	£107,131	16% below HPI

What might 5 SPRUCE CLOSE be worth now?

5 SPRUCE CLOSE might now be worth an estimated £175,129.

This is based on house price inflation of 40.1%, between June 2015 and July 2026, for flats, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.1% inflationary increase is applied to the most recent sale price for 5 SPRUCE CLOSE of £125,000 on 25th June 2015. For the value to have increased from £125,000 to £175,129 over the ten years and eleven months to July 2026, the following assumptions must hold true:

• The value of 5 SPRUCE CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The June 2015 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRUCE CLOSE has not materially changed since June 2015.

Where is 5 SPRUCE CLOSE?

5 SPRUCE CLOSE is located in LAINDON, in the SS15 postcode district.