73, THE VALE, BASILDON, SS16 4RL - £220,000

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.

73 THE VALE is a large flat of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £231,951. It was last sold for £220,000 in November 2018, which was around 25% above the average November 2018 flat price in the Basildon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

73 THE VALE Sold Prices

Land registry data shows five sales for 73 THE VALE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. All of the five 73 THE VALE 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
2018 2 NOV	£220,000	£175,485	25% above HPI
2015 28 AUG	£182,500	£135,178	35% above HPI
2007 2 NOV	£161,000	£127,959	26% above HPI
1997 12 JUN	£53,250	£34,580	54% above HPI
1996 12 DEC	£51,000	£34,342	49% above HPI

What might 73 THE VALE be worth now?

73 THE VALE might now be worth an estimated £231,951.

This is based on house price inflation of 5.4%, between November 2018 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 5.4% inflationary increase is applied to the most recent sale price for 73 THE VALE of £220,000 on 2nd November 2018. For the value to have increased from £220,000 to £231,951 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 73 THE VALE has moved in line with the HPI for flats in the Basildon local authority area.
• The November 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 73 THE VALE has not materially changed since November 2018.

How Large is 73 THE VALE?

73 THE VALE is 63m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of flats in Basildon, based on EPC data. 75% of flats are smaller than 73 THE VALE, and 22% of flats are larger. Note that EPC data is not available for all properties in Basildon.

73 THE VALE: Plot

73 THE VALE sits on a plot of roughly 1.4 acres, or 5,592m².

Where is 73 THE VALE?

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