8, BELL CLOSE, LAINDON, BASILDON, SS15 5NG - £227,000

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.

8 BELL CLOSE is a large flat of 59m², built sometime between 2007 and 2011, which could now be worth an estimated £246,286. It was last sold for £227,000 in July 2019, which was around 33% above the average July 2019 flat price in the Basildon local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was C.

8 BELL CLOSE Sold Prices

Land registry data shows three sales for 8 BELL CLOSE 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 8 BELL CLOSE 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
2019 12 JUL	£227,000	£170,530	33% above HPI
2018 15 JUN	£212,500	£174,159	22% above HPI
2007 21 DEC	£187,000	£129,565	44% above HPI

What might 8 BELL CLOSE be worth now?

8 BELL CLOSE might now be worth an estimated £246,286.

This is based on house price inflation of 8.5%, between July 2019 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 8.5% inflationary increase is applied to the most recent sale price for 8 BELL CLOSE of £227,000 on 12th July 2019. For the value to have increased from £227,000 to £246,286 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 8 BELL CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The July 2019 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BELL CLOSE has not materially changed since July 2019.

How Large is 8 BELL CLOSE?

8 BELL CLOSE is 59m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% of flats in Basildon, based on EPC data. 65% of flats are smaller than 8 BELL CLOSE, and 33% of flats are larger. Note that EPC data is not available for all properties in Basildon.

8 BELL CLOSE: Plot

8 BELL CLOSE sits on a plot of roughly 0.540 of an acre, or 2,184m².

Where is 8 BELL CLOSE?

8 BELL CLOSE is located in LAINDON, in the SS15 postcode district.