56, THE VALE, BASILDON, SS16 4RL - £235,000

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.

56 THE VALE is a midsized flat of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £233,357. It was last sold for £235,000 in June 2023, which was around 26% above the average June 2023 flat price in the Basildon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

56 THE VALE Sold Prices

Land registry data shows two sales for 56 THE VALE 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 56 THE VALE 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
2023 1 JUN	£235,000	£186,321	26% above HPI
2007 2 MAR	£146,500	£118,452	24% above HPI

What might 56 THE VALE be worth now?

56 THE VALE might now be worth an estimated £233,357.

This is based on house price deflation of 0.7%, between June 2023 and May 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 0.7% deflationary decrease is applied to the most recent sale price for 56 THE VALE of £235,000 on 1st June 2023. For the value to have decreased from £235,000 to £233,357 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 56 THE VALE has moved in line with the HPI for flats in the Basildon local authority area.
• The June 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 56 THE VALE has not materially changed since June 2023.

How Large is 56 THE VALE?

56 THE VALE is 56m² according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of flats in Basildon, based on EPC data. 57% of flats are smaller than 56 THE VALE, and 40% of flats are larger. Note that EPC data is not available for all properties in Basildon.

56 THE VALE: Plot

56 THE VALE sits on a plot of roughly 1.4 acres, or 5,592m².

Where is 56 THE VALE?

56 THE VALE is located in BASILDON, in the SS16 postcode district.