Key indicators for buyers
The CM12 market is moderately favourable for buyers. Prices have softened (-18.1%), which could present a buying opportunity. Affordability has improved from a peak of 11.4x in 2022 to 9.7x today. Rising rents (£1,392/mo, +5.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Basildon area
A home in Basildon costs 9.7x the local median salary — stretched, improving from a peak of 11.4x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Basildon area
Average monthly rent in Basildon is £1,392, up 5.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Basildon price of £464,700 with a 25% deposit (£116k), a 2-year fixed mortgage at 3.97% costs around £1,834 per month.
Monthly cost comparison based on current data
Uses CM12 avg. price with Basildon rental data
Monthly mortgage payments (£1,834) are £442 more than renting (£1,392). However, buying requires an upfront deposit of £116k — it would take around 15 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, MONTPELIER CLOSE CM12 0UH | Semi-detached | £432,500 | 21 Jan 2026 |
9, PAULINE GARDENS CM12 0LB | Semi-detached | £462,000 | 16 Jan 2026 |
4, TANFIELD DRIVE CM12 9EB | Detached | £410,000 | 9 Jan 2026 |
16, WHITESMITH DRIVE CM12 0FP | Terraced | £427,500 | 9 Jan 2026 |
40, PARK LODGE CM12 0QH | Flat/Maisonette | £120,000 | 9 Jan 2026 |
35, BELGRAVE ROAD CM12 0TX | Semi-detached | £465,000 | 9 Jan 2026 |
43, WESTERN ROAD CM12 9DX | Other | £820,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in CM12 sold for £464,700 in 2026, with a median of £441,250 across 10 transactions. Prices fell 18.1% compared to the previous year.
| 7 Jan 2026 |
10, ARUNDEL MEWS CM12 0FW | Terraced | £400,000 | 7 Jan 2026 |
8, ST PAULS GARDENS CM12 0UE | Semi-detached | £450,000 | 7 Jan 2026 |
9, SUSSEX COURT CM12 0FB | Detached | £660,000 | 7 Jan 2026 |
16, RAVEN LANE CM12 0JD | Semi-detached | £405,000 | 19 Dec 2025 |
20, ROMNEY ROAD CM12 9NE | Semi-detached | £480,000 | 19 Dec 2025 |
4, HUNTERS AVENUE CM12 9RA | Semi-detached | £470,000 | 15 Dec 2025 |
1, RUMBULLION DRIVE CM12 0HE | Semi-detached | £450,000 | 12 Dec 2025 |
79, NEWLANDS ROAD CM12 0PH | Semi-detached | £532,000 | 11 Dec 2025 |
14, EARL MOUNTBATTEN DRIVE CM12 0ED | Detached | £865,000 | 11 Dec 2025 |
37, HILLARY MOUNT CM12 9JU | Terraced | £580,000 | 11 Dec 2025 |
37, BUSH HALL ROAD CM12 0PU | Semi-detached | £475,000 | 9 Dec 2025 |
8, JACQUELINE GARDENS CM12 0PL | Semi-detached | £423,000 | 9 Dec 2025 |
5, LONGRISE CM12 9QR | Detached | £695,000 | 8 Dec 2025 |
The most recent recorded sale in CM12 was a semi-detached property on Montpelier Close for £432,500 in January 2026. Across the last 20 sales, the median price was £465,000.