7, MEDOC CLOSE, BASILDON, SS13 1NR - £116,000

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.

7 MEDOC CLOSE is a semi-detached house, which could now be worth an estimated £282,919. It was last sold for £116,000 in October 2003, which was around 32% below the average October 2003 semi-detached price in the Basildon local authority area.

7 MEDOC CLOSE Sold Prices

Land registry data shows two sales for 7 MEDOC CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 7 MEDOC CLOSE 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
2003 10 OCT	£116,000	£171,249	32% below HPI
1997 26 SEP	£44,000	£68,758	36% below HPI

What might 7 MEDOC CLOSE be worth now?

7 MEDOC CLOSE might now be worth an estimated £282,919.

This is based on house price inflation of 143.9%, between October 2003 and May 2026, for semi-detached 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 143.9% inflationary increase is applied to the most recent sale price for 7 MEDOC CLOSE of £116,000 on 10th October 2003. For the value to have increased from £116,000 to £282,919 over the 23 years and five months to May 2026, the following assumptions must hold true:

• The value of 7 MEDOC CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The October 2003 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MEDOC CLOSE has not materially changed since October 2003.

Where is 7 MEDOC CLOSE?

7 MEDOC CLOSE is located in BASILDON, in the SS13 postcode district.