16 Merricks Lane, Basildon, SS16 4RT is a leasehold flat built between 1976-1982. The property offers approximately 635 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £142,692 , which equates to approximately £225 per square foot. It was last sold on 19 Mar 1999 for £29,000. Since then, the value has increased by £113,692, representing a 392.0% increase, or approximately 14.7% per year.

The current estimated value of £142,692 is:

  • 44.2% lower than the average property price on Merricks Lane
  • 47.9% lower than the average in the SS16 4RT postcode area
  • and 65.1% lower than the average price for Basildon as a whole

At the most recent EPC inspection on 31 August 2021, the property was recorded as rented.

View sold house prices in SS16 4RT

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
635 sq ft
Tenure
Leasehold
Price (estimate)
£142,692
Price Per sq ft (estimate)
£225
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Merricks Lane, Basildon, Essex, SS16 4RT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 Aug 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Feb 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 14.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 83% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to SS16 4RT

23 rd / 24
Price Rank
48% lower than average
21 st / 21
Size Rank
33% smaller than average
20 th / 21
Price Per Sq FT Rank
22% lower than average

Compared to other properties in SS16 4RT , this flat's estimated value ranks 23th out of 24. Based on price per square foot, it ranks 20th out of 21 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 21th out of 21 properties in its postcode area.

Sale History

Today
£142,692
streetscan.co.uk estimate
+392 %
19 Mar 1999
£29,000
Leasehold

Area Insights

Similar Properties Sold Nearby

12 Merricks Lane, Basildon, SS16 4RS
rooms: 3
size: 646 sq ft
sale price: £205,000
sale date: 3 May 2024
2 Merricks Lane, Basildon, SS16 4RS
rooms: 3
size: 646 sq ft
sale price: £145,000
sale date: 29 Feb 2016
4A Merricks Lane, Basildon, SS16 4RS
rooms: 3
size: 693 sq ft
sale price: £103,000
sale date: 2 Sep 2005
2A Merricks Lane, Basildon, SS16 4RS
rooms: 3
size: 679 sq ft
sale price: £94,000
sale date: 3 Sep 2004

Data Sources

The property at 16 Merricks Lane, Basildon, Essex, SS16 4RT appears once in the Land Registry records, with the transaction recorded on 19 Mar 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Aug 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.
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