According to the public record, 24, Mellow Purgess Close, Basildon is a mid-century leasehold apartment and with 342 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Mellow Purgess Close, Basildon, SS15 is located in the borough of Basildon within the SS15 postal district.
24, Mellow Purgess Close, Basildon has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated September 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 24 Mellow Purgess Close Basildon as £120,586 and the rental value as £752 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 24 Mellow Purgess Close Basildon has increased by £1,082 (0.9%) and its rental value has increased by £38 per month (5.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 24, Mellow Purgess Close, Basildon is in very good condition we estimate a sale value of £126,615 and rental value of £789 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,145 and a rental value of £699 per month.
If you were able to purchase this property for the estimated value of £120,586, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £593 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 24, Mellow Purgess Close, Basildon was last sold on 26 Sep 2007 for £77,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 48.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 24, Mellow Purgess Close, Basildon within a radius of 72m over the last 2 years.
The most recent example is 15, Mellow Purgess Close, Basildon, SS15 5XR, a Leasehold flat which sold for £116,500 in Jul 2017.
Read more about house prices in SS15.
Mellow Purgess Close, Basildon, SS15 has a total of 94 addresses. According to our analysis of all the public data, 24, Mellow Purgess Close, Basildon is the 87th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in SS15.
24, Mellow Purgess Close, Basildon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 24, Mellow Purgess Close, Basildon is Laindon station which is 500 m 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 24, Mellow Purgess Close, Basildon, 43.5% of property is socially rented and 21.7% is privately owned outright.
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 24, Mellow Purgess Close, Basildon, 24.5% of residents are recorded as possessing school level qualifications and 18.1% 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 24, Mellow Purgess Close, Basildon, the average age was 33.2 and the most common age was 2.
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 24, Mellow Purgess Close, Basildon, 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 24, Mellow Purgess Close, Basildon, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.