3, THE VALE, BASILDON, SS16 4RL - £195,000

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.

3 THE VALE is a small flat of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £179,171. It was last sold for £195,000 in November 2022, which was around 2% below the average November 2022 flat price in the Basildon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

3 THE VALE Sold Prices

Land registry data shows three sales for 3 THE VALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. All of the three 3 THE VALE sales were 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
2022 11 NOV	£195,000	£199,607	2% below HPI
2010 7 JUN	£108,000	£112,205	4% below HPI
1998 1 MAY	£35,000	£37,564	7% below HPI

What might 3 THE VALE be worth now?

3 THE VALE might now be worth an estimated £179,171.

This is based on house price deflation of 8.1%, between November 2022 and April 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 8.1% deflationary decrease is applied to the most recent sale price for 3 THE VALE of £195,000 on 11th November 2022. For the value to have decreased from £195,000 to £179,171 over the four years and seven months to April 2026, the following assumptions must hold true:

• The value of 3 THE VALE has moved in line with the HPI for flats in the Basildon local authority area.
• The November 2022 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE VALE has not materially changed since November 2022.

How Large is 3 THE VALE?

3 THE VALE is 46m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of flats in Basildon, based on EPC data. 26% of flats are smaller than 3 THE VALE, and 71% of flats are larger. Note that EPC data is not available for all properties in Basildon.

3 THE VALE: Plot

3 THE VALE sits on a plot of roughly 0.139 of an acre, or 563m².

Where is 3 THE VALE?

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