124 Chestnut Road, Vange, Basildon, SS16 4TQ is a leasehold flat built between 1991-1995. The property offers approximately 570 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £185,017 , which equates to approximately £324 per square foot. It was last sold on 23 Jun 2017 for £165,000. Since then, the value has increased by £20,017, representing a 12.1% increase, or approximately 1.4% per year.

The current estimated value of £185,017 is:

  • 9.6% lower than the average property price on Chestnut Road
  • 23.8% lower than the average in the SS16 4TQ postcode area
  • and 54.7% lower than the average price for Basildon as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 December 2021, the property was recorded as owner-occupied.

View sold house prices in SS16 4TQ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£185,017
Price Per sq ft (estimate)
£324
Bedroom Count (estimate)
1 bedroom

EPC Summary

124 Chestnut Road, Vange, Basildon, Essex, SS16 4TQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Dec 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Mar 2012, and the property received the same rating of C with an unchanged energy efficiency score of 74.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SS16 4TQ

42 nd / 88
Price Rank
24% lower than average
28 th / 65
Size Rank
15% smaller than average
48 th / 65
Price Per Sq FT Rank
11% lower than average

Compared to other properties in SS16 4TQ , this flat's estimated value ranks 42th out of 88. Based on price per square foot, it ranks 48th out of 65 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 28th out of 65 properties in its postcode area.

Sale History

Today
£185,017
streetscan.co.uk estimate
+12 %
23 Jun 2017
£165,000
Leasehold
+32 %
21 Sep 2015
£125,000
Leasehold
0 %
27 Jun 2008
£125,000
Leasehold
+11.6 %
17 Feb 2006
£112,000
Leasehold
+148.9 %
1 Sep 2003
£45,000
Leasehold
0 %
3 Sep 1999
£45,000
Leasehold
+7.8 %
14 Mar 1997
£41,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £192,000
sale date: 7 Sep 2023
rooms: 2
size: 517 sq ft
sale price: £148,000
sale date: 23 Sep 2022
rooms: 2
size: 517 sq ft
sale price: £140,000
sale date: 11 Feb 2022
rooms: 3
size: 568 sq ft
sale price: £182,500
sale date: 30 Nov 2020
rooms: 2
size: 538 sq ft
sale price: £120,000
sale date: 26 Nov 2020

Data Sources

The property at 124 Chestnut Road, Vange, Basildon, SS16 4TQ appears seven times in the Land Registry records, with the latest transaction recorded on 23 Jun 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Dec 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.