1, THE VALE, BASILDON, SS16 4RL - £140,000

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.

1 THE VALE is a semi-detached house, which could now be worth an estimated £498,301. It was last sold for £140,000 in November 2001, which was around 19% above the average November 2001 semi-detached price in the Basildon local authority area.

1 THE VALE Sold Prices

Land registry data shows two sales for 1 THE VALE 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. One of the two 1 THE VALE sales was for above the average price, whilst the other was 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
2001 2 NOV	£140,000	£117,346	19% above HPI
1996 19 AUG	£58,000	£61,525	6% below HPI

What might 1 THE VALE be worth now?

1 THE VALE might now be worth an estimated £498,301.

This is based on house price inflation of 255.9%, between November 2001 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 255.9% inflationary increase is applied to the most recent sale price for 1 THE VALE of £140,000 on 2nd November 2001. For the value to have increased from £140,000 to £498,301 over the 25 years and six months to May 2026, the following assumptions must hold true:

• The value of 1 THE VALE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The November 2001 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE VALE has not materially changed since November 2001.

Where is 1 THE VALE?

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