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According to the public record, 16, Merricks Lane, Basildon is a mid-century apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Merricks Lane, Basildon is £155,149 and the estimated rental value is £1,069 per month.
The apartment is within 16, Merricks Lane, Basildon, SS16.
Merricks Lane, Basildon, SS16 is located in the borough of Basildon within the SS16 postal district.
16, Merricks Lane, Basildon has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 16, Merricks Lane, Basildon is in very good condition we estimate a sale value of £162,906 and a rental value of £1,122 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,288 and a rental value of £994 per month.
Over the last 12 months the sale value of 16 Merricks Lane Basildon has increased by an estimated £1,119 (0.7%) and its rental value has increased by an estimated £27 per month (2.5%), giving an expected gross yield of 8.3%.
16, Merricks Lane, Basildon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Merricks Lane, Basildon was last sold on 19th March 1999 for £29,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Merricks Lane, Basildon within a radius of 790 metres over the last 2 years.
The most recent example is 89, Hollands Walk, Basildon, SS16 4QB, a leasehold flat which sold for £152,500 on the 22nd January 2025.
Read more about house prices in SS16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merricks Lane, Basildon, SS16 has a total of 46 addresses. According to our analysis of all the public data, 16, Merricks Lane, Basildon is the 42nd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in SS16.
The closest station to 16, Merricks Lane, Basildon is Pitsea station which is 1.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 16, Merricks Lane, Basildon, 36.5% of property is socially rented and 30.2% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 16, Merricks Lane, Basildon, 21.3% of residents are recorded as possessing school level qualifications and 23.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Merricks Lane, 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 16, Merricks Lane, 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 16, Merricks Lane, Basildon, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.