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House Prices in RG23 House Prices in RG23 (Basingstoke)

The average house price in RG23 (Basingstoke) is £363,666 using HM Land Registry data.

The average property price increased by £77,329 (19.13%) over the last 5 years and increased by £15,490 (3.03%) over the last 12 months.

Over the last year, there were 141 residential property sales – a decrease of 39 transactions (-27.66%) relative to the previous year. The majority of house sales (30) were in the £348,000 - £406,000 range. Then came properties in the £290,000 - £348,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 179 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,606 (-2%).

In January 2025, there were 27 new estate agency instructions, 15 agreed home sales and 14 property price reductions.

Nearby Postcodes: GU34, RG19, RG20, RG21, RG22, RG24, RG25, RG26, RG27, RG28, RG29, RG7, SO21, SO24

5-Year Average Property Prices in RG23 (Basingstoke)

19.13%

Property prices in RG23 (Basingstoke) increased by 19.13% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in RG23 (Basingstoke) Over the Last Year

3.03%

Property prices in RG23 (Basingstoke) increased by 3.03% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for RG23 (Basingstoke) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in RG23 (Basingstoke)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in RG23 (Basingstoke)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in RG23 (Basingstoke)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the RG23 (Basingstoke) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG23 postcode area since 1995.

Recent Sales in RG23 (Basingstoke)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
45 Roman Road, Basingstoke, Hampshire, RG23 8ER£584,950£565,000-£19,95003 Jun 202409 Dec 2024189 Days
5 Oak Close, Oakley, Basingstoke, Hampshire, RG23 7DD£650,000£636,000-£14,00001 Aug 202428 Nov 2024119 Days
25 Highland Drive, Oakley, Basingstoke, Hampshire, RG23 7LF£375,000£366,000-£9,00020 Mar 202427 Nov 2024252 Days
160 Kenilworth Road, Winklebury, Basingstoke, Hampshire, RG23 8JN£340,000£340,000£007 Aug 202422 Nov 2024107 Days
6 Marlborough Gardens, Oakley, Basingstoke, Hampshire, RG23 7AH£460,000£460,000£030 Aug 202415 Nov 202477 Days
21 Ludlow Close, Basingstoke, Hampshire, RG23 8QW£350,000£344,000-£6,00020 Jul 202406 Nov 2024109 Days
12 Kings Orchard, Oakley, Basingstoke, Hampshire, RG23 7AX£500,000£500,000£003 Sep 202404 Nov 202462 Days
52 Beech Way, Basingstoke, Hampshire, RG23 8LW£435,000£430,000-£5,00031 May 202425 Oct 2024147 Days
217 Kenilworth Road, Winklebury, Basingstoke, Hampshire, RG23 8JP£250,000£245,000-£5,00024 Apr 202425 Oct 2024184 Days
188 Warwick Road, Winklebury, Basingstoke, Hampshire, RG23 8EB£250,000£245,000-£5,00005 Mar 202423 Oct 2024232 Days
40 Lilac Way, Basingstoke, Hampshire, RG23 8AH£260,000£255,000-£5,00004 Jun 202411 Oct 2024129 Days
90 Roman Road, Basingstoke, Hampshire, RG23 8HB£550,000£535,000-£15,00025 Apr 202410 Oct 2024168 Days
163 Warwick Road, Winklebury, Basingstoke, Hampshire, RG23 8EB£300,000£298,000-£2,00029 Jan 202404 Oct 2024249 Days
7 Wykeham Drive, Basingstoke, Hampshire, RG23 8HP£425,000£415,000-£10,00010 Apr 202418 Sep 2024161 Days
89 Glamis Close, Oakley, Basingstoke, Hampshire, RG23 7NJ£325,000£325,000£018 Jan 202409 Sep 2024235 Days
2 Augustus Drive, Basingstoke, Hampshire, RG23 8HU£450,000£440,000-£10,00026 Jan 202430 Aug 2024217 Days
1a, Pack Lane, Oakley, Basingstoke, Hampshire, RG23 7BD£550,000£528,500-£21,50027 Mar 202420 Aug 2024146 Days
109 Tiverton Road, Basingstoke, Hampshire, RG23 8EL£315,000£315,000£012 Mar 202416 Aug 2024157 Days
7 Tollgate Close, Oakley, Basingstoke, Hampshire, RG23 7BH£475,000£450,000-£25,00018 Jan 202413 Aug 2024208 Days
35 Lilac Way, Basingstoke, Hampshire, RG23 8AQ£315,000£295,000-£20,00025 Mar 202409 Aug 2024137 Days

Most Expensive Streets in RG23 (Basingstoke)

PostcodeStreetAreaAverageNo. of Sales
RG23 7DZPardown, OakleyBasingstoke£1,002,9287
RG23 7JYOakley Lane, OakleyBasingstoke£732,4874
RG23 7DYPardown, OakleyBasingstoke£725,0177
RG23 7JFThe Greenaways, OakleyBasingstoke£689,0003
RG23 7BJPack Lane, OakleyBasingstoke£648,3333
RG23 7BBFox Lane, OakleyBasingstoke£629,5004
RG23 7HRHill Road, OakleyBasingstoke£626,6374
RG23 7JTOakley Lane, OakleyBasingstoke£611,6666
RG23 7DAThe Drive, OakleyBasingstoke£582,2005
RG23 7DDOak Close, OakleyBasingstoke£581,1663

Least Expensive Streets in RG23 (Basingstoke)

PostcodeStreetAreaAverageNo. of Sales
RG23 7NHGlamis Close, OakleyBasingstoke£142,6663
RG23 8JSKenilworth RoadBasingstoke£227,1666
RG23 7HXWater Ridges, OakleyBasingstoke£229,2504
RG23 8DAHillcrest CourtBasingstoke£232,0003
RG23 8JWKenilworth RoadBasingstoke£234,1663
RG23 8ARWilmott Way, WinkleburyBasingstoke£237,0003
RG23 8JLKenilworth RoadBasingstoke£240,7333
RG23 8JRKenilworth RoadBasingstoke£242,6878
RG23 8AQLilac WayBasingstoke£244,6663
RG23 8HQArundel GardensBasingstoke£248,69213

Explore RG23 (Basingstoke) using map

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