Housing Market Analysis for PALMER WAY, SS16 5LW

Are you looking to understand SS16 5LW house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Basildon postcode.

For the location information and nearby amenities in the SS16 5LW area, explore the SS16 5LW Area information page.
For comprehensive crime statistics in the SS16 5LW area, explore the SS16 5LW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SS16 5LW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £534,715 median price is £498,998 Standard Deviation is £101,345 with Total Sold: 16
    • The Last 5 Year average price is £623,165 with Total Sold: 3
    • The most recent sale happened at this postcode is 28 PALMER WAY: £700,000 (Sold on 21 Feb 2023)
    • The first recorded sale happened at this postcode is 24 PALMER WAY: £454,995 (Sold on 10 Apr 2019)
  • Semi-Detached
    • The average price is around £429,769 median price is £409,995 Standard Deviation is £33,991 with Total Sold: 11
    • The Last 5 Year average price is £455,833 with Total Sold: 3
    • The most recent sale happened at this postcode is 20 PALMER WAY: £485,000 (Sold on 10 Feb 2022)
    • The first recorded sale happened at this postcode is 20 PALMER WAY: £409,995 (Sold on 10 Apr 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average SS16 5LW house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£700,000 £3,911 1
2021£464,500 £4,740 1
2020£704,995 £4,029 1
2019£514,303 £4,127 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£485,000 £4,755 1
2021£441,250 £3,885 2
2019£419,995 £4,185 8

All the Sales in the PALMER WAY, SS16 5LW

See the table below for more details on the sold house prices in the SS16 5LW, Basildon postcode.

AddressSold DatePrice% Change
28 PALMER WAYDetached, FreeholdArea: 179 Sq.mtr21 Feb 2023£700,00040.00%
24 May 2019£500,000First Sale
20 PALMER WAYSemi-Detached, FreeholdArea: 102 Sq.mtr10 Feb 2022£485,00018.29%
10 Apr 2019£409,995First Sale
12 PALMER WAYDetached, FreeholdArea: 98 Sq.mtr28 Jun 2021£464,50010.07%
26 Apr 2019£421,995First Sale
18 PALMER WAYSemi-Detached, FreeholdArea: 102 Sq.mtr16 Apr 2021£410,0000.00%
26 Apr 2019£409,995First Sale
2 PALMER WAYSemi-Detached, FreeholdArea: 126 Sq.mtr06 Apr 2021£472,5000.32%
17 May 2019£470,995First Sale
42 PALMER WAYDetached, FreeholdArea: 175 Sq.mtr27 Mar 2020£704,995First Sale
44 PALMER WAYDetached, FreeholdArea: 175 Sq.mtr27 Sep 2019£704,995First Sale
40 PALMER WAYDetached, FreeholdArea: 114 Sq.mtr05 Jul 2019£493,995First Sale
38 PALMER WAYDetached, FreeholdArea: 120 Sq.mtr21 Jun 2019£510,995First Sale
26 PALMER WAYDetached, FreeholdArea: 175 Sq.mtr20 Jun 2019£704,995First Sale
32 PALMER WAYDetached, FreeholdArea: 114 Sq.mtr06 Jun 2019£497,995First Sale
36 PALMER WAYDetached, FreeholdArea: 120 Sq.mtr24 May 2019£508,995First Sale
34 PALMER WAYDetached, FreeholdArea: 120 Sq.mtr24 May 2019£510,995First Sale
8 PALMER WAYSemi-Detached, FreeholdArea: 89 Sq.mtr15 May 2019£402,995First Sale
4 PALMER WAYSemi-Detached, FreeholdArea: 126 Sq.mtr10 May 2019£467,995First Sale
30 PALMER WAYDetached, FreeholdArea: 114 Sq.mtr10 May 2019£496,995First Sale
6 PALMER WAYDetached, FreeholdArea: 98 Sq.mtr10 May 2019£423,995First Sale
10 PALMER WAYSemi-Detached, FreeholdArea: 89 Sq.mtr26 Apr 2019£399,995First Sale
14 PALMER WAYSemi-Detached, FreeholdArea: 89 Sq.mtr26 Apr 2019£399,995First Sale
16 PALMER WAYSemi-Detached, FreeholdArea: 89 Sq.mtr18 Apr 2019£397,995First Sale
22 PALMER WAYDetached, FreeholdArea: 109 Sq.mtr12 Apr 2019£454,995First Sale
24 PALMER WAYDetached, FreeholdArea: 109 Sq.mtr10 Apr 2019£454,995First Sale

Check out the sold house prices near the SS16 5LW postcode. Properties currently for saleProperties currently for rent

PALMER WAY, SS16 5LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SS16 5LW postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SS16 5LW postcode.

  • Detached
    • The average price is around £486,023 median price is £517,995 Standard Deviation is £137,145 with Total Sold: 245
    • The Last 5 Year average price is £549,337 with Total Sold: 88
    • The most recent sale happened at this postcode is , 21 LLEWELLYN GROVE: £580,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 FLETCHERS: £115,000 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £205,056 median price is £177,500 Standard Deviation is £121,731 with Total Sold: 148
    • The Last 5 Year average price is £367,137 with Total Sold: 20
    • The most recent sale happened at this postcode is , 37 GERNONS: £317,500 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 14 FLETCHERS: £124,995 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £355,512 median price is £399,995 Standard Deviation is £125,991 with Total Sold: 178
    • The Last 5 Year average price is £431,340 with Total Sold: 55
    • The most recent sale happened at this postcode is , 15 PARKER DRIVE: £415,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 145 RANTREE FOLD: £58,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £5,142,510 median price is £5,142,510 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £5,142,510 with Total Sold: 1
    • The most recent sale happened at this postcode is , ROUNDACRE SERVICE STATION NETHER MAYNE: £5,142,510 (Sold on 29 Sep 2020)
    • The first recorded sale happened at this postcode is , ROUNDACRE SERVICE STATION NETHER MAYNE: £5,142,510 (Sold on 29 Sep 2020)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£580,0001
2023£605,998 £4,882 13
2022£603,250 £4,417 10
2021£528,199 £4,375 32
2020£529,651 £4,187 32
2019£524,475 £4,133 75
2018£515,801 £4,022 36
2017£452,551 £3,925 9
2015£330,000 £2,946 3
2014£330,000 £3,402 1
2013£635,000 £1,671 1
2012£365,000 £2,544 1
2008£282,750 £1,540 2
2007£267,498 £1,775 2
2006£272,188 £2,771 8
2004£208,250 £1,944 4
2002£266,167 £1,800 3
2001£205,000 £1,115 1
2000£161,000 £960 2
1999£124,000 £955 2
1998£119,0002
1997£140,000 £824 1
1995£93,500 £676 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£317,5001
2023£363,428 £4,428 7
2022£366,000 £4,249 6
2021£405,050 £3,689 5
2020£260,000 £3,333 1
2019£348,219 £4,005 12
2018£264,000 £3,715 3
2017£317,214 £3,240 7
2016£223,857 £2,753 7
2015£208,333 £2,588 3
2014£190,833 £2,302 6
2012£149,400 £1,864 5
2011£287,100 £2,218 5
2010£172,666 £1,898 6
2009£177,498 £2,067 2
2008£262,929 £2,202 7
2007£189,667 £2,248 3
2006£158,083 £2,096 6
2005£172,082 £2,040 6
2004£156,999 £1,536 4
2003£138,216 £1,745 6
2002£119,199 £1,185 5
2001£86,016 £1,027 6
2000£67,719 £789 4
1999£69,356 £664 7
1998£54,267 £638 6
1997£77,711 £611 5
1996£61,167 £606 3
1995£72,499 £659 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£421,667 £4,518 3
2023£474,746 £4,773 8
2022£468,600 £4,485 5
2021£420,342 £3,963 20
2020£416,364 £4,411 19
2019£417,995 £4,040 36
2018£404,024 £4,040 35
2017£378,196 £3,860 10
2016£338,333 £3,206 3
2015£270,000 £2,828 1
2014£220,000 £2,472 1
2013£215,000 £2,287 1
2011£271,000 £2,281 2
2010£220,000 £2,304 1
2007£225,750 £2,329 4
2006£189,700 £2,018 5
2005£186,000 £2,241 1
2004£177,5001
2003£126,995 £1,443 1
2002£119,000 £1,417 1
2001£83,500 £907 2
2000£128,067 £1,108 3
1999£79,624 £796 4
1998£72,500 £793 2
1997£72,7502
1996£72,875 £586 4
1995£64,050 £574 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£5,142,5101

House Type in SS16 5LW area

The most common house types in the SS16 5LW postcode area are Detached (105), Semi-detached (78), and Terraced (27).

Total219
Detached105
Semi-detached78
Terraced27
Flat8
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (179), and Owned: Owns outright (21).

Owned: Owns with a mortgage or loan179
Owned: Owns outright21
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the SS16 5LW have 2 people in household (96), and 3 people in household (46).

2 people in household96
3 people in household46
4 people in household38
1 person in household20
5 people in household12
6 people in household5
7 people in household1
0 people in household0
8 or more people in household0