18, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £174,000

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.

18 SPRUCE CLOSE is a terraced house, which could now be worth an estimated £381,669. It was last sold for £174,000 in July 2005, which was around 23% above the average July 2005 terraced price in the Basildon local authority area.

18 SPRUCE CLOSE Sold Prices

Land registry data shows five sales for 18 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the five 18 SPRUCE CLOSE 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
2005 20 JUL	£174,000	£140,978	23% above HPI
2004 30 JUL	£172,500	£131,935	31% above HPI
2002 29 NOV	£139,000	£100,488	38% above HPI
2001 20 APR	£98,000	£70,391	39% above HPI
1999 1 APR	£72,000	£53,086	36% above HPI

What might 18 SPRUCE CLOSE be worth now?

18 SPRUCE CLOSE might now be worth an estimated £381,669.

This is based on house price inflation of 119.3%, between July 2005 and April 2026, for terraced 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 119.3% inflationary increase is applied to the most recent sale price for 18 SPRUCE CLOSE of £174,000 on 20th July 2005. For the value to have increased from £174,000 to £381,669 over the 21 years and three months to April 2026, the following assumptions must hold true:

• The value of 18 SPRUCE CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The July 2005 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRUCE CLOSE has not materially changed since July 2005.

Where is 18 SPRUCE CLOSE?

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