5, LENHAM WAY, PITSEA, BASILDON, SS13 2NT - £128,000

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.

5 LENHAM WAY is a flat, which could now be worth an estimated £237,250. It was last sold for £128,000 in April 2004, which was around 28% above the average April 2004 flat price in the Basildon local authority area.

5 LENHAM WAY Sold Prices

Land registry data shows two sales for 5 LENHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. One of the two 5 LENHAM WAY sales was for above the average price, whilst the other was roughly equal to 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
2004 23 APR	£128,000	£99,820	28% above HPI
2003 3 JUN	£89,950	£89,874	Close to HPI

What might 5 LENHAM WAY be worth now?

5 LENHAM WAY might now be worth an estimated £237,250.

This is based on house price inflation of 85.4%, between April 2004 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 85.4% inflationary increase is applied to the most recent sale price for 5 LENHAM WAY of £128,000 on 23rd April 2004. For the value to have increased from £128,000 to £237,250 over the 21 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 LENHAM WAY has moved in line with the HPI for flats in the Basildon local authority area.
• The April 2004 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LENHAM WAY has not materially changed since April 2004.

Where is 5 LENHAM WAY?

5 LENHAM WAY is located in PITSEA, in the SS13 postcode district.