Basildon, Essex, sees house prices more than double in 20 years. New developments aim to meet rising demand.
Basildon, Essex, sees house prices more than double in 20 years. New developments aim to meet rising demand.
Basildon House Prices Soar: £200K Increase in Essex Over Two Decades
Basildon keeps growing. Planners proposed hundreds more homes recently, and Basildon Council approved 735 new homes. These homes will be built off Wash Road in Noak Bridge.
The housing plans include 200 affordable homes and a 56-place nursery. The developer will contribute £7.3 million. This money will improve local services, benefiting healthcare, education, and bus routes. They will also enhance open spaces.
Laindon may gain almost 400 homes. A nursery and a park are also in the plans. The council’s draft plan supports this, including over 27,000 new homes and space for businesses in Basildon.
Basildon attracts young families and commuters. It mixes residential areas and green spaces. Transport links are excellent, providing quick and easy access to London.
Estate agents describe Basildon as “thriving,” citing its diverse community and amenities. The area offers a high quality of life. Zoopla highlights its closeness to London, as well as countryside and coastal access.
Essex house prices are rising slower than the UK average. The average Essex house cost £361,725 last year, according to Land Registry data ending December 2024. This represents a 2.6% increase.
Nationally, growth reached 4.6%. The UK average house price was £268,000 for the year to December 2024.
Rochford had the biggest Essex price growth. Houses there averaged £403,000 last year, up 4.9%, almost £19,000 per home. Brentwood’s growth was next at 4.5%. Homes there now average £508,000.
Southend-on-Sea saw prices fall. Home prices dropped 1.5%, about £5,000.
Basildon keeps growing. Planners proposed hundreds more homes recently, and Basildon Council approved 735 new homes. These homes will be built off Wash Road in Noak Bridge.
The housing plans include 200 affordable homes and a 56-place nursery. The developer will contribute £7.3 million. This money will improve local services, benefiting healthcare, education, and bus routes. They will also enhance open spaces.
Laindon may gain almost 400 homes. A nursery and a park are also in the plans. The council’s draft plan supports this, including over 27,000 new homes and space for businesses in Basildon.
Basildon attracts young families and commuters. It mixes residential areas and green spaces. Transport links are excellent, providing quick and easy access to London.
Estate agents describe Basildon as “thriving,” citing its diverse community and amenities. The area offers a high quality of life. Zoopla highlights its closeness to London, as well as countryside and coastal access.
Essex house prices are rising slower than the UK average. The average Essex house cost £361,725 last year, according to Land Registry data ending December 2024. This represents a 2.6% increase.
Nationally, growth reached 4.6%. The UK average house price was £268,000 for the year to December 2024.
Rochford had the biggest Essex price growth. Houses there averaged £403,000 last year, up 4.9%, almost £19,000 per home. Brentwood’s growth was next at 4.5%. Homes there now average £508,000.
Southend-on-Sea saw prices fall. Home prices dropped 1.5%, about £5,000.