23, THE VALE, BASILDON, SS16 4RL - £165,000

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.

23 THE VALE is a very small flat of 33m², built sometime between 1983 and 1990, which could now be worth an estimated £177,740. It was last sold for £165,000 in July 2020, which was around 4% below the average July 2020 flat price in the Basildon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

23 THE VALE Sold Prices

Land registry data shows six sales for 23 THE VALE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. The six 23 THE VALE sales were a mix of below the average price, roughly equal to the average price, and 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
2020 6 JUL	£165,000	£171,756	4% below HPI
2010 20 DEC	£106,500	£106,978	Close to HPI
2006 18 AUG	£125,000	£114,718	9% above HPI
2003 17 DEC	£97,000	£94,937	2% above HPI
2002 26 JUL	£72,000	£73,793	2% below HPI
1998 19 FEB	£43,000	£37,632	14% above HPI

What might 23 THE VALE be worth now?

23 THE VALE might now be worth an estimated £177,740.

This is based on house price inflation of 7.7%, between July 2020 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 7.7% inflationary increase is applied to the most recent sale price for 23 THE VALE of £165,000 on 6th July 2020. For the value to have increased from £165,000 to £177,740 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 23 THE VALE has moved in line with the HPI for flats in the Basildon local authority area.
• The July 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE VALE has not materially changed since July 2020.

How Large is 23 THE VALE?

23 THE VALE is 33m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of flats in Basildon, based on EPC data. 4% of flats are smaller than 23 THE VALE, and 95% of flats are larger. Note that EPC data is not available for all properties in Basildon.

23 THE VALE: Plot

23 THE VALE sits on a plot of roughly 0.154 of an acre, or 624m².

Where is 23 THE VALE?

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