According to the public record, 49, Ryedene Close, Basildon is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ryedene Close, Basildon, SS16 is located in the borough of Basildon within the SS16 postal district.
49, Ryedene Close, Basildon has 61 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated March 2022.
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 49 Ryedene Close Basildon as £142,558 and the rental value as £893 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 49 Ryedene Close Basildon has increased by £1,361 (1.0%) and its rental value has increased by £53 per month (6.0%).
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 49, Ryedene Close, Basildon is in very good condition we estimate a sale value of £149,686 and rental value of £938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,579 and a rental value of £831 per month.
If you were able to purchase this property for the estimated value of £142,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £701 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, 49, Ryedene Close, Basildon was last sold on 27 May 2022 for £153,995 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since May 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Ryedene Close, Basildon within a radius of 560 metres over the last 2 years.
The most recent example is 121, Ryedene Place, Basildon, SS16 4TF, a Leasehold flat which sold for £150,000 in Jun 2022.
Read more about house prices in SS16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ryedene Close, Basildon, SS16 has a total of 54 addresses. According to our analysis of all the public data, 49, Ryedene Close, Basildon is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in SS16.
49, Ryedene Close, Basildon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2022.
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 49, Ryedene Close, Basildon is Pitsea station which is 1.4 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 49, Ryedene Close, Basildon, 71.9% of property is socially rented and 14.4% is privately rented.
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 49, Ryedene Close, Basildon, 9.7% of residents are recorded as possessing school level qualifications and 12.1% 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 49, Ryedene Close, Basildon, 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 49, Ryedene 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 49, Ryedene Close, Basildon, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.