98, LOWER STREET, BASILDON, SS15 4BB - £198,000

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.

98 LOWER STREET is a small flat of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £184,776. It was last sold for £198,000 in February 2023, which was about the average February 2023 flat price in the Basildon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

98 LOWER STREET Sold Prices

Land registry data shows five sales for 98 LOWER STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. The five 98 LOWER STREET sales were a mix of roughly equal to the average price, above the average price, and 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
2023 3 FEB	£198,000	£198,259	Close to HPI
2019 13 SEP	£190,000	£171,922	11% above HPI
2017 31 JUL	£176,250	£176,165	Close to HPI
2016 4 MAR	£155,000	£148,784	4% above HPI
1998 30 APR	£37,000	£37,426	1% below HPI

What might 98 LOWER STREET be worth now?

98 LOWER STREET might now be worth an estimated £184,776.

This is based on house price deflation of 6.7%, between February 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 6.7% deflationary decrease is applied to the most recent sale price for 98 LOWER STREET of £198,000 on 3rd February 2023. For the value to have decreased from £198,000 to £184,776 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 98 LOWER STREET has moved in line with the HPI for flats in the Basildon local authority area.
• The February 2023 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 98 LOWER STREET has not materially changed since February 2023.

How Large is 98 LOWER STREET?

98 LOWER STREET is 50m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of flats in Basildon, based on EPC data. 38% of flats are smaller than 98 LOWER STREET, and 59% of flats are larger. Note that EPC data is not available for all properties in Basildon.

98 LOWER STREET: Plot

98 LOWER STREET sits on a plot of roughly 0.082 of an acre, or 333m².

Where is 98 LOWER STREET?

98 LOWER STREET is located in BASILDON, in the SS15 postcode district.