131 Chestnut Road, Vange, Basildon, SS16 4TD is a leasehold flat built between 1991-1995. The property offers approximately 323 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,366 , which equates to approximately £363 per square foot. It was last sold on 29 Aug 2014 for £75,000. Since then, the value has increased by £42,366, representing a 56.5% increase, or approximately 5.0% per year.

The current estimated value of £117,366 is:

  • 42.6% lower than the average property price on Chestnut Road
  • 25.1% lower than the average in the SS16 4TD postcode area
  • and 71.3% lower than the average price for Basildon as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 23 November 2023, the property was recorded as rented.

View sold house prices in SS16 4TD

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
323 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£117,366
Price Per sq ft (estimate)
£363
Bedroom Count (estimate)
1 bedroom

EPC Summary

131 Chestnut Road, Vange, Basildon, Essex, SS16 4TD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Nov 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Nov 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 11.3%.

Since the previous assessment, several changes were observed:

  • The heating system changed from portable electric heaters assumed for most rooms to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 200mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SS16 4TD

73 rd / 89
Price Rank
25% lower than average
46 th / 73
Size Rank
23% smaller than average
50 th / 73
Price Per Sq FT Rank
3% lower than average

Compared to other properties in SS16 4TD , this flat's estimated value ranks 73th out of 89. Based on price per square foot, it ranks 50th out of 73 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 46th out of 73 properties in its postcode area.

Sale History

Today
£117,366
streetscan.co.uk estimate
+56 %
29 Aug 2014
£75,000
Leasehold
-9.1 %
2 Mar 2007
£82,500
Leasehold
+7.1 %
17 Feb 2006
£77,000
Leasehold
+113.9 %
29 May 2001
£36,000
Leasehold
+38.5 %
16 Dec 1996
£26,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 312 sq ft
sale price: £150,000
sale date: 12 Jul 2024
rooms: 1
size: 291 sq ft
sale price: £116,000
sale date: 19 Jan 2021
rooms: 2
size: 312 sq ft
sale price: £120,000
sale date: 11 Dec 2020
rooms: 2
size: 312 sq ft
sale price: £123,000
sale date: 31 Jan 2020
rooms: 2
size: 334 sq ft
sale price: £125,000
sale date: 30 Oct 2019

Data Sources

The property at 131 Chestnut Road, Vange, Basildon, SS16 4TD appears five times in the Land Registry records, with the latest transaction recorded on 29 Aug 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Nov 2023. 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.