House Prices in SS15 House Prices in SS15 (Basildon)

The average house price in SS15 (Basildon) is £359,074 using HM Land Registry data.

The average property price increased by £61,518 (22.97%) over the last 5 years and increased by £12,326 (3.54%) over the last 12 months.

Over the last year, there were 265 residential property sales – a decrease of 73 transactions (-27.55%) relative to the previous year. The majority of house sales (85) were in the £296,000 - £354,000 range. Then came properties in the £238,000 - £296,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 118 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,770 (-2%).

In Dec 24, there were 32 new estate agency instructions, 33 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in SS15 (Basildon)

22.97%

Property prices in Basildon increased by 22.97% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SS15 (Basildon) Over the Last Year

3.54%

Property prices in Basildon increased by 3.54% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SS15 (Basildon) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SS15 (Basildon)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SS15 (Basildon)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SS15 (Basildon)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SS15 (Basildon) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SS15 postcode area since 1995.

Recent Sales in SS15 (Basildon)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Littlehurst Lane, Basildon, Essex, SS15 4JT£365,000£360,000-£5,00018 Apr 202422 Nov 2024218 Days
41 Cumberland Drive, Basildon, Essex, SS15 6QS£400,000£400,000£0024 May 202407 Nov 2024167 Days
30 The Nave, Laindon, Basildon, Essex, SS15 5NW£400,000£400,000£0004 Jun 202401 Nov 2024150 Days
42 High Road North, Laindon, Basildon, Essex, SS15 4DP£625,000£615,000-£10,00030 May 202401 Nov 2024155 Days
44 Walnut Close, Laindon, Basildon, Essex, SS15 4DT£190,000£185,000-£5,00030 May 202430 Oct 2024153 Days
34 Woolmer Green, Basildon, Essex, SS15 5LN£290,000£290,000£0004 Jun 202421 Oct 2024139 Days
210 Great Knightleys, Basildon, Essex, SS15 5HD£350,000£350,000£0020 Mar 202416 Aug 2024149 Days
138 Coppice Lane, Noak Bridge, Basildon, Essex, SS15 4JS£395,000£375,000-£20,00030 Mar 202416 Aug 2024139 Days
53 Menzies Avenue, Basildon, Essex, SS15 6SY£400,000£400,000£0029 Apr 202413 Aug 2024106 Days
2 Box Close, Laindon, Basildon, Essex, SS15 4AG£340,000£330,000-£10,00022 Apr 202412 Aug 2024112 Days
38 The Pines, Laindon, Basildon, Essex, SS15 4DW£450,000£435,000-£15,00018 Jan 202409 Aug 2024204 Days
83 Woolmer Green, Basildon, Essex, SS15 5LP£325,000£317,000-£8,00005 Mar 202409 Aug 2024157 Days
64 Great Oxcroft, Basildon, Essex, SS15 6PQ£330,000£325,000-£5,00028 Feb 202408 Aug 2024162 Days
29 High Road North, Laindon, Basildon, Essex, SS15 4DH£575,000£557,000-£18,00021 Mar 202401 Aug 2024133 Days
41 Kennedy Avenue, Basildon, Essex, SS15 6LE£500,000£498,000-£2,00024 Dec 202318 Jul 2024207 Days
83 Ballards Walk, Basildon, Essex, SS15 5JR£135,000£130,000-£5,00012 Mar 202412 Jul 2024122 Days
Catherine, Cromer Avenue, Basildon, Essex, SS15 6HU£375,000£375,000£0031 Aug 202328 Jun 2024302 Days
10 Tyler Avenue, Basildon, Essex, SS15 5UR£500,000£487,500-£12,50024 Nov 202328 Jun 2024217 Days
17 Woolmer Green, Basildon, Essex, SS15 5LL£280,000£275,000-£5,00008 Mar 202420 Jun 2024104 Days
8 Hazel Close, Laindon, Basildon, Essex, SS15 5GT£500,000£490,000-£10,00022 Nov 202331 May 2024191 Days

Most Expensive Streets in SS15 (Basildon)

PostcodeStreetAreaAverageNo. of Sales
SS15 4DENoak Hill RoadBasildon£964,3333
SS15 4DUKimberley DriveBasildon£684,0003
SS15 4BPWash RoadBasildon£676,6663
SS15 4ABKings RoadBasildon£619,0005
SS15 4BXDunton RoadBasildon£606,2506
SS15 6LWReeds Close, LaindonBasildon£570,8005
SS15 5SPPound Lane, LaindonBasildon£548,0004
SS15 4EHChurch Road, LaindonBasildon£547,6005
SS15 6AGNew Century Road, LaindonBasildon£543,1254
SS15 6LAStamford DriveBasildon£507,88217

Least Expensive Streets in SS15 (Basildon)

PostcodeStreetAreaAverageNo. of Sales
SS15 5ZQMaplewood Court, Long LynderswoodBasildon£119,7004
SS15 5PTDanacreBasildon£144,3333
SS15 6RHWimbourneBasildon£152,2504
SS15 5QJChurch MewsBasildon£153,05010
SS15 5EDGreat KnightleysBasildon£156,2005
SS15 6RGMerrylandsBasildon£158,0003
SS15 6LGWoodstock Crescent, LaindonBasildon£162,30010
SS15 6HYGough Court, King Edward RoadBasildon£169,0005
SS15 5RSCopperfieldsBasildon£170,9439
SS15 6LQWoodstock Gardens, LaindonBasildon£179,5836

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