# 1 bedroom apartment for sale (CM12 9AS)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 16, SQUIRE HOUSE, 81 - 87, HIGH STREET, BILLERICAY, ESSEX CM12 9AS |
| Price | £290,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Floor area | 42 m² |
| Last sold | £255,000 Feb 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 12/11/2032
- **Current heating cost:** £425/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9676-3904-8309-6192-7200)

## Description

* HIGH STREET LOCATION * MODERN, SPACIOUS OPEN PLAN LIVING * EXCELLENT CONDITION * HIGH SPEC KITCHEN WITH BOSCH INTEGRATED APPLIANCES * PRIVATE COMMUNAL GARDEN WITH BIKE SHED * VIDEO ENTRANCE SYSTEM * PARKING SPACE TO REAR * 0.3 MILE TO BILLERICAY STATION * 999 YEAR LEASE FROM 2023 * COMPLETE ONWARD CHAIN * This stunning, contemporary apartment offers spacious, modern open plan living combined with high end finish & convenience for high street & station. The property also benefits from a 999 year lease from 2023 & complete onward chain. Council tax band C

**Entrance** - Via video entry system from high st at side of Cafe Nero

**Entrance Hall** - 

**Open Plan Lounge Kitchen** - 5.08 x 4.26  (16'7" x 13'11" ) - KITCHEN WITH RANGE OF BOSH APPLIANCES

**Bedroom** - 3.14 x 3.14  (10'3" x 10'3" ) - Slide robes to one wall

**Shower Room** - 2.18 x 1.38  (7'1" x 4'6" ) - 

**Exterior** - Communal garden to rear with bike shed, allocated parking space to rear

## Property Photos

- ![garden 2.jpg](/listings/photos/167752214/522326) - garden 2.jpg
- ![garden one.jpg](/listings/photos/167752214/522327) - garden one.jpg
- ![garden 3.jpg](/listings/photos/167752214/522328) - garden 3.jpg
- ![hall .jpg](/listings/photos/167752214/522329) - hall .jpg
- ![lounge kitch.jpg](/listings/photos/167752214/522330) - lounge kitch.jpg
- ![front..jpg](/listings/photos/167752214/522331) - front..jpg
- ![kitch 2 .jpg](/listings/photos/167752214/522332) - kitch 2 .jpg
- ![lounge 1.jpg](/listings/photos/167752214/522333) - lounge 1.jpg
- ![bedroom.jpg](/listings/photos/167752214/522334) - bedroom.jpg
- ![shower room p.jpg](/listings/photos/167752214/522335) - shower room p.jpg
- ![Floor Plan Flat 16, Squire House (Colour).jpg](/listings/photos/167752214/522336) - Floor Plan Flat 16, Squire House (Colour).jpg

## Floorplans

- ![Floor Plan Flat 16, Squire House (Colour).jpg](/listings/photos/167752214/522337) - Floor Plan Flat 16, Squire House (Colour).jpg

## EPC Graphs

- ![EE Rating](/listings/photos/167752214/522338) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| SQUIRE HOUSE, 81 - 87 FLAT 16 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £255,000 | 27/02/2023 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| HAWKLEY HOUSE, 24 - 26 2 CHAPEL STREET, BILLERICAY, BASILDON, ESSEX, CM12 9LU | £327,000 | 18/08/2025 | Flat |
| 22 2 SHERADAY MEWS HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9FP | £345,000 | 07/03/2025 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 12 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £330,000 | 19/12/2023 | Flat |
| [Same street] 81 - 87 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £1,320,000 | 06/12/2023 | Other |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 21 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £420,000 | 23/11/2023 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 11 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £325,000 | 27/10/2023 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 17 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £325,000 | 27/10/2023 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 20 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £330,000 | 20/10/2023 | Flat |
| LANGTHORNES FLAT 12 STOCK ROAD, BILLERICAY, BASILDON, ESSEX, CM12 0BQ | £248,000 | 28/07/2023 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 14 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £383,000 | 24/07/2023 | Flat |
| 23 RADFORD WAY, BILLERICAY, BASILDON, ESSEX, CM12 0AA | £160,000 | 07/07/2023 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 7 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £311,500 | 11/04/2023 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 15 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £235,000 | 31/03/2023 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 1 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £230,000 | 24/01/2023 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 5 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £260,000 | 15/12/2022 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 6 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £325,000 | 12/12/2022 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 4 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £345,000 | 08/12/2022 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 18 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £255,000 | 08/12/2022 | Flat |
| [Same street] SQUIRE HOUSE, 81 - 87 FLAT 8 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £325,000 | 08/12/2022 | Flat |
| SQUIRE HOUSE, 81 - 87 FLAT 9 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £245,000 | 08/12/2022 | Flat |
| SQUIRE HOUSE, 81 - 87 FLAT 3 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £275,000 | 08/12/2022 | Flat |
| SQUIRE HOUSE, 81 - 87 FLAT 2 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9AS | £250,000 | 06/12/2022 | Flat |
| LANGTHORNES FLAT 5 STOCK ROAD, BILLERICAY, BASILDON, ESSEX, CM12 0BQ | £250,000 | 12/11/2022 | Flat |
| RECTORY HOUSE FLAT 12 CHAPEL STREET, BILLERICAY, BASILDON, ESSEX, CM12 9NA | £347,500 | 11/11/2022 | Flat |
| LANGTHORNES FLAT 11 STOCK ROAD, BILLERICAY, BASILDON, ESSEX, CM12 0BQ | £190,000 | 18/10/2022 | Flat |
| THE ROOF GARDENS, 60 FLAT 8 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9BS | £417,500 | 27/09/2022 | Flat |
| HAWKLEY HOUSE, 24 - 26 7 CHAPEL STREET, BILLERICAY, BASILDON, ESSEX, CM12 9LU | £310,000 | 14/09/2022 | Flat |
| RADFORD HOUSE FLAT 11 RADFORD WAY, BILLERICAY, BASILDON, ESSEX, CM12 0AA | £270,000 | 02/09/2022 | Flat |
| 24A WESTERN ROAD, BILLERICAY, BASILDON, ESSEX, CM12 9DX | £230,000 | 02/09/2022 | Flat |
| RADFORD HOUSE FLAT 7 RADFORD WAY, BILLERICAY, BASILDON, ESSEX, CM12 0AA | £240,000 | 11/08/2022 | Flat |
| 11 ALEXANDER MEWS, BILLERICAY, BASILDON, ESSEX, CM12 9AD | £359,000 | 05/08/2022 | Flat |
| 24D WESTERN ROAD, BILLERICAY, BASILDON, ESSEX, CM12 9DX | £242,000 | 05/08/2022 | Flat |
| RADFORD HOUSE FLAT 10 RADFORD WAY, BILLERICAY, BASILDON, ESSEX, CM12 0AA | £245,000 | 14/07/2022 | Flat |
| 22 4 SHERADAY MEWS HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9FP | £365,000 | 10/05/2022 | Flat |
| ELIZABETH COTTAGE 2 HIGH STREET, BILLERICAY, BASILDON, ESSEX, CM12 9BQ | £305,000 | 25/03/2022 | Flat |

**Street average:** £381,300 (15 sales)
**Area average:** £281,050 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £228,208 (12 Flat, CM12, 2024–2026)
- **Deviation:** +27.1%

## Rental Range

*ONS Price Index of Private Rents (Basildon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,262/mo
- **Realistic:** £1,402/mo
- **Optimistic:** £1,542/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South West Essex (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Western Road, CM12 | £1,000/mo | 1 | 0.07 miles | OpenRent |
| 1 Bed Maisonette, Garland Court, CM12 | £1,350/mo | 1 | 0.37 miles | OpenRent |
| 1 Bed Semi-Detached House, Bunting Lane, CM11 | £1,400/mo | 1 | 0.48 miles | OpenRent |

**Average rent: £1,250/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.47% (weak for cashflow)
- **Max investor price (0.8%):** £168,750
- **Target investor price (1%):** £135,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,350/mo).*

- **Gross yield:** 5.6%
- **Cost-to-rent:** 17.9×
- **Monthly cashflow:** £48/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £6,905/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -33.7%
- **10y growth:** -2.9%

## House Price Index (HM Land Registry)

*Official index for Basildon; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -5.6%
- **5y growth (index):** 1.5%
- **10y growth (index):** 23%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)