2, RUSSELL CLOSE, BASILDON, SS15 6AS - £80,995

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.

2 RUSSELL CLOSE is a terraced house, which could now be worth an estimated £477,504. It was last sold for £80,995 in November 1998, which was around 53% above the average November 1998 terraced price in the Basildon local authority area.

2 RUSSELL CLOSE Sold Prices

Land registry data shows two sales for 2 RUSSELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. Both of the two 2 RUSSELL 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
1998 6 NOV	£80,995	£52,772	53% above HPI
1996 25 SEP	£68,000	£43,418	57% above HPI

What might 2 RUSSELL CLOSE be worth now?

2 RUSSELL CLOSE might now be worth an estimated £477,504.

This is based on house price inflation of 489.5%, between November 1998 and May 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 489.5% inflationary increase is applied to the most recent sale price for 2 RUSSELL CLOSE of £80,995 on 6th November 1998. For the value to have increased from £80,995 to £477,504 over the 28 years and six months to May 2026, the following assumptions must hold true:

• The value of 2 RUSSELL CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The November 1998 sale price of £80,995 represented a fair market value for the property.
• The size, condition, and specification of 2 RUSSELL CLOSE has not materially changed since November 1998.

Where is 2 RUSSELL CLOSE?

2 RUSSELL CLOSE is located in BASILDON, in the SS15 postcode district.