Over the past year, real estate prices in Basildon have experienced notable fluctuations. As of late 2023, the average house price in Basildon was reported to be around £350,000, marking a slight increase compared to approximately £340,000 the previous year. The market has been influenced by a combination of factors, including ongoing demand for properties due to the town's transportation links to London and a growing population. For instance, semi-detached homes have seen an average increase of 4% year-on-year, with some newer developments in areas like Laindon witnessing even higher demand, pushing prices up by as much as 6%. However, some segments, particularly smaller flats and older properties, have faced stagnation due to higher maintenance costs and changing buyer preferences.