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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Russell Close, Basildon is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,034 ft2 of internal area and sits on a 169 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Russell Close, Basildon is £369,931 and the estimated rental value is £1,847 per month.
Russell Close, Basildon, SS15 is located in the borough of Basildon within the SS15 postal district.
8, Russell Close, Basildon has 31 entries in the Land Registry , most recently in December 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Russell Close, Basildon is in very good condition we estimate a sale value of £388,427 and a rental value of £1,939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,036 and a rental value of £1,718 per month.
Over the last 12 months the sale value of 8 Russell Close Basildon has decreased by an estimated £3,087 (0.8%) and its rental value has increased by an estimated £48 per month (2.6%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 8, Russell Close, Basildon sits on a plot of 169m2.
We have plot size data on 26 out of 34 other houses in the postcode and 8, Russell Close, Basildon sits on the 22nd largest plot.
According to HM Land Registry, 8, Russell Close, Basildon was last sold on 7th December 2018 for £295,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2018, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Russell Close, Basildon within a radius of 510 metres over the last 2 years.
The most recent example is 3, Russell Close, Basildon, SS15 6AS, a freehold house which sold for £355,000 on the 10th May 2024.
Read more about house prices in SS15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Close, Basildon, SS15 has a total of 61 addresses. According to our analysis of all the public data, 8, Russell Close, Basildon is the 18th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in SS15.
The closest station to 8, Russell Close, Basildon is Laindon station which is 800 metres 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 8, Russell Close, Basildon, 35.4% of property is socially rented and 24.3% is privately owned outright.
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 8, Russell Close, Basildon, 16.8% of residents are recorded as possessing school level qualifications and 20.1% 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 8, Russell Close, Basildon, the average age was 38.8 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 8, Russell Close, 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 8, Russell Close, 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.
