According to the public record, 63, The Vale, Basildon is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Vale, Basildon, SS16 is located in the borough of Basildon within the SS16 postal district.
63, The Vale, Basildon has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated April 2015.
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 63 The Vale Basildon as £236,165 and the rental value as £1,057 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 63 The Vale Basildon has increased by £2,244 (1.0%) and its rental value has increased by £65 per month (6.2%).
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 63, The Vale, Basildon is in very good condition we estimate a sale value of £247,974 and rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,634 and a rental value of £983 per month.
If you were able to purchase this property for the estimated value of £236,165, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,161 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, 63, The Vale, Basildon was last sold on 09 Oct 2015 for £169,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, The Vale, Basildon within a radius of 860 metres over the last 2 years.
The most recent example is 56, The Vale, Basildon, SS16 4RL, a Leasehold flat which sold for £235,000 in Jun 2023.
Read more about house prices in SS16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Vale, Basildon, SS16 has a total of 66 addresses. According to our analysis of all the public data, 63, The Vale, Basildon is the 50th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in SS16.
63, The Vale, Basildon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2015.
The property is not connected to mains gas and has mostly double glazing. It is heated using electric storage heaters.
The closest station to 63, The Vale, Basildon is Basildon station which is 1.9 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 63, The Vale, Basildon, 38.9% of property is privately owned outright and 36.1% 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 63, The Vale, Basildon, 9.1% of residents are recorded as possessing school level qualifications and 19.5% 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 63, The Vale, 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 63, The Vale, Basildon, 0.9% 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 63, The Vale, Basildon, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.