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According to the public record, 229, Timberlog Lane, Basildon is a mid-century leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 229, Timberlog Lane, Basildon is £181,138 and the estimated rental value is £979 per month.
Timberlog Lane, Basildon, SS14 is located in the borough of Basildon within the SS14 postal district.
229, Timberlog Lane, Basildon has 41 entries in the Land Registry , most recently in November 2013 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 229, Timberlog Lane, Basildon is in very good condition we estimate a sale value of £190,195 and a rental value of £1,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,458 and a rental value of £910 per month.
Over the last 12 months the sale value of 229 Timberlog Lane Basildon has decreased by an estimated £1,973 (1.1%) and its rental value has increased by an estimated £23 per month (2.3%), giving an expected gross yield of 6.5%.
229, Timberlog Lane, Basildon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2017.
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, 229, Timberlog Lane, Basildon was last sold on 22nd November 2013 for £100,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2013, the market for similar properties has risen 93.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 229, Timberlog Lane, Basildon within a radius of 520 metres over the last 2 years.
The most recent example is 245, Timberlog Lane, Basildon, SS14 1PB, a leasehold flat which sold for £165,000 on the 29th December 2017.
Read more about house prices in SS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Timberlog Lane, Basildon, SS14 has a total of 85 addresses. According to our analysis of all the public data, 229, Timberlog Lane, Basildon is the 8th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in SS14.
The closest station to 229, Timberlog Lane, Basildon is Pitsea station which is 1.9 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 229, Timberlog Lane, Basildon, 31.2% of property is socially rented and 30.4% 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 229, Timberlog Lane, Basildon, 23.1% of residents are recorded as possessing school level qualifications and 18.4% 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 229, Timberlog Lane, Basildon, the average age was 35.4 and the most common age was 7.
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 229, Timberlog Lane, Basildon, 1.1% 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 229, Timberlog Lane, Basildon, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.