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House Prices in RG23 House Prices in RG23 (Basingstoke)

The average house price in RG23 (Basingstoke) is £409,346 using HM Land Registry data.

The average property price increased by £82,001 (19.13%) over the last 5 years and increased by £16,430 (3.03%) over the last 12 months.

Over the last year, there were 128 residential property sales – a decrease of 73 transactions (-57.03%) relative to the previous year. The majority of house sales (26) were in the £340,000 - £400,000 range. Then came properties in the £280,000 - £340,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,153 (-2%).

In Dec 24, there were 19 new estate agency instructions, 17 agreed home sales and 6 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 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 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) - Dec 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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
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£0003 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£0018 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£0012 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
10 Wellington Terrace, Basingstoke, Hampshire, RG23 8HJ£350,000£335,000-£15,00003 Apr 202401 Aug 2024120 Days
5 Fairview Meadow, Oakley, Basingstoke, Hampshire, RG23 7JE£340,000£340,000£0011 Apr 202426 Jul 2024106 Days
11 Wilmott Way, Winklebury, Basingstoke, Hampshire, RG23 8AP£300,000£291,000-£9,00006 Mar 202428 Jun 2024114 Days
103 Warwick Road, Winklebury, Basingstoke, Hampshire, RG23 8DZ£325,000£320,000-£5,00005 Feb 202428 Jun 2024144 Days
6 St Johns Piece, Oakley, Basingstoke, Hampshire, RG23 7JQ£350,000£335,000-£15,00026 Dec 202319 Jun 2024176 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 7BBFox Lane, OakleyBasingstoke£629,5004
RG23 7HRHill Road, OakleyBasingstoke£626,6374
RG23 7JTOakley Lane, OakleyBasingstoke£611,6666
RG23 7DAThe Drive, OakleyBasingstoke£582,2005
RG23 7BJPack Lane, OakleyBasingstoke£581,2504
RG23 7GQFreshfields CloseBasingstoke£580,00014

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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