2 Meadow Lodge, Billericay
2 Meadow Lodge, Billericay
Description & Estimates
Public records show 2 Meadow Lodge, Billericay to be a modern leasehold apartment with 828 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
2 Meadow Lodge, Billericay has an estimated sale value of £508,289 and an estimated rental value of £2,511 per month, assuming reasonable condition and based on the information available.
The apartment sits within Meadow Lodge, Laindon Road, Billericay, CM12.
Laindon Road, Billericay, CM12 lies in the borough of Basildon, within the CM12 postal district.
Our Data Sources
2 Meadow Lodge, Billericay has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2 Meadow Lodge, Billericay would be worth £533,703, with a potential rental value of £2,636 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £472,709, with a rental value of £2,335 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2 Meadow Lodge, Billericay has moved down by £9,635 (1.9%) over the last year. During the same period, its estimated monthly rental value has increased by £58 (2.3%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
2 Meadow Lodge, Billericay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
2 Meadow Lodge, Billericay last changed hands on 30th June 2022, selling for £572,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 40.4% since June 2022.
- Sold Jun 2022£572,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 860 metres of 2 Meadow Lodge, Billericay across the last 2 years.
Most recently, 28 Meadow Lodge, Laindon Road, Billericay, CM12 9FU, a leasehold flat, sold at £550,000 on the 17th June 2022.
Read more about house prices in CM12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2 Meadow Lodge, Billericay as the 60th largest and the 49th most expensive of the 94 addresses on Laindon Road, Billericay, CM12.
Against the CM12 postcode district average, it is £40k less expensive than the typical property.
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Schools Nearby
- 200mQuilters Junior School
- 200mQuilters Infant School
- 800mSouth Green Junior School
- 200mThe Billericay School
- 2.6kmMayflower High School
- 4.7kmThe James Hornsby School
More reading links
Public Transport Nearby
Billericay station is the nearest stop to 2 Meadow Lodge, Billericay at 1.3 kilometres away.
- 1.3kmBillericay
- 5.5kmLaindon
- 6.0kmIngatestone
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
