According to new research conducted by Lloyds TSB, properties for sale in Basildon and other new towns in England and Wales are at their most affordable since the housing market peaked in 2007.
Our series on England’s new towns continues with a look at Basildon properties for sale. Along with Stevenage, Hemel Hempstead and Harlow, Basildon was one of the 11 new towns constructed around 60 years ago and were meant to house East London communities displaced by the blitz.
Popular with commuters, Basildon properties for sale are good for those looking for regular services to London King’s Cross and a more affordable alternative to London property prices.
Pros of Buying Property for Sale in Basildon
Sale properties in Basildon come with a variety of benefits. It’s home to all sorts of facilities, including the Festival Leisure Park, The Icon apartment block and the only 50-metre swimming pool in Essex. The transport connections are good. It takes 40 minutes to reach London Fenchurch by train. Drivers can connect to the M25 via the A127.
Gloucester Park is the largest in the area and covers 250 acres. At the end of the park there’s the Basildon Sporting Village with its climbing wall, cafe, aforementioned pool, netball court, cricket and football pitches and a fishing lake. You’ve also got Langdon Hills Country Park with its views of the Thames, and Wat Tyler Country Park.
Basildon properties for sale are good for those in search of good shopping (Lakeside and Bluewater are 15 and 30mins away respectively) and a town with residents generally regarded as friendly.
House prices are more affordable here than they are in many other areas of Essex. The average house price in Basildon currently stands at £216,390. In Epping Forest, it’s £335,538 and in Brentwood it’s £321,750. It’s not the cheapest area in Essex. Average house prices are lower in Castle Point, Colchester, Braintree, Harlow and Tendring.
Cons of Buying Property for Sale in Basildon
It was created as an overspill town and isn’t as pretty as some of the other towns and villages in Essex. Like many new towns, Basildon doesn’t have much in the way of soul. It’s full of the roundabouts which are a staple of all new towns, along with strange offices on stilts, artificial lakes and pieces of public art which don’t seem to be appreciated by the residents.
In short, there’s no centre. And therein lies the problem.
If you want charm and character, properties for sale in Basildon probably won’t fit the bill.
Having said all this, it’s still early days for all of England’s new towns. In another 60 years, it may well be a different story. After all, charm and character take time to develop.
Property Types and Prices
The average prices for different types of property are as follows:
- Flat £129,774
- Terraced £163,518
- Semi £227,018
- Detached £382,041
Search My Homes Unlimited for a wide range of homes for sale in Basildon.