2, Merricks Lane, Basildon, SS16 is a residential building located on Merricks Lane, Basildon, SS16. It is the 49th largest building in the SS16 area.
It contains 2 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £204,543. Sales values have increased in the last 12 months by 1.0% and Rental values have increased by 6.2%.
Property sale values range from £137,834 for a leasehold flat, with 1 bedrooms split across 464 square feet of gross internal area and has no outside space to £293,741 for a leasehold house, with 2 bedrooms split across 621 square feet of gross internal area and has a garden.
Average £/ft2 for properties in 2, Merricks Lane, Basildon, SS16 is £308/ft2.
Properties achieve a rental yield of between 6.1% and 7.5%, and rental values range from £864 to £1,490 per month.
The last sale was 03 May 2024 for £205,000 and since then the market in the area has increased by 23.9%. The building has had a total of 4 sales since 1995.
2, Merricks Lane, Basildon, SS16 has seen 4 sales in the last three years and 1 sale in the last twelve months.
2, Merricks Lane, Basildon, SS16 is a residential building located on Merricks Lane, Basildon, SS16 with 2 flats.
The most common property type in 2, Merricks Lane, Basildon, SS16 is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to 2, Merricks Lane, Basildon, SS16 is Pitsea station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Merricks Lane, Basildon, SS16, 55.7% of property is socially rented and 19.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Merricks Lane, Basildon, SS16, 13.2% of residents are recorded as possessing school level qualifications and 18.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Merricks Lane, Basildon, SS16, the average age was 38.6 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Merricks Lane, Basildon, SS16, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Merricks Lane, Basildon, SS16, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.