House Prices in RG24 House Prices in RG24 (Basingstoke)

The average house price in RG24 (Basingstoke) is £329,567 using HM Land Registry data.

The average property price increased by £22,415 (0.75%) over the last 5 years and increased by £4,491 (0.14%) over the last 12 months.

Over the last year, there were 421 residential property sales – a decrease of 119 transactions (-28.27%) relative to the previous year. The majority of house sales (99) were in the £244,000 - £318,000 range. Then came properties in the £318,000 - £392,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,580 (-2%).

In Dec 24, there were 22 new estate agency instructions, 38 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in RG24 (Basingstoke)

0.75%

Property prices in Basingstoke increased by 0.75% 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 RG24 (Basingstoke) Over the Last Year

0.14%

Property prices in Basingstoke increased by 0.14% 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 RG24 (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 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 RG24 (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 RG24 (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 RG24 (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 RG24 (Basingstoke) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG24 postcode area since 1995.

Recent Sales in RG24 (Basingstoke)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Shelley Close, Basingstoke, Hampshire, RG24 9BZ£285,000£280,000-£5,00016 Feb 202422 Nov 2024280 Days
29 Binfields Close, Chineham, Basingstoke, Hampshire, RG24 8TP£100,000£95,000-£5,00026 Dec 202321 Nov 2024331 Days
4a, Aghemund Close, Chineham, Basingstoke, Hampshire, RG24 8XP£335,000£335,000£0026 Aug 202415 Nov 202481 Days
14 Hewitt Road, Basingstoke, Hampshire, RG24 9FL£365,000£360,000-£5,00021 May 202415 Nov 2024178 Days
16 Saxon Way, Lychpit, Basingstoke, Hampshire, RG24 8SA£385,000£385,000£0027 Jun 202414 Nov 2024140 Days
12 Lillymill Chine, Chineham, Basingstoke, Hampshire, RG24 8JT£220,000£217,500-£2,50012 Jun 202411 Nov 2024152 Days
40 Badgers Bank, Lychpit, Basingstoke, Hampshire, RG24 8RT£288,000£270,000-£18,00020 Aug 202408 Nov 202480 Days
3 Gage Close, Lychpit, Basingstoke, Hampshire, RG24 8SE£700,000£680,000-£20,00022 Apr 202401 Nov 2024193 Days
10 Larchwood, Chineham, Basingstoke, Hampshire, RG24 8TX£235,000£227,500-£7,50023 Apr 202431 Oct 2024191 Days
17 Saffron Close, Chineham, Basingstoke, Hampshire, RG24 8XQ£500,000£500,000£0028 Jun 202431 Oct 2024125 Days
1 Montserrat Place, Basingstoke, Hampshire, RG24 9PW£125,000£115,000-£10,00030 Jul 202430 Oct 202492 Days
39 Pershore Road, Popley, Basingstoke, Hampshire, RG24 9BE£225,000£218,000-£7,00017 May 202430 Oct 2024166 Days
6 Copse Field, Lychpit, Basingstoke, Hampshire, RG24 8YR£285,000£279,000-£6,00011 Mar 202431 Jul 2024142 Days
25 Cowdery Heights, Old Basing, Basingstoke, Hampshire, RG24 7AN£350,000£340,000-£10,00025 Jan 202426 Jul 2024183 Days
24 Blenheim Road, Old Basing, Basingstoke, Hampshire, RG24 7HP£750,000£730,000-£20,00002 Jan 202426 Jul 2024206 Days
62 Fairthorne Rise, Old Basing, Basingstoke, Hampshire, RG24 7EL£395,000£392,450-£2,55019 Feb 202426 Jul 2024158 Days
2 Shelley Close, Basingstoke, Hampshire, RG24 9BZ£250,000£250,000£0022 Jan 202424 Jul 2024184 Days
48 Falkland Road, Basingstoke, Hampshire, RG24 9PJ£325,000£315,000-£10,00005 Feb 202416 Jul 2024162 Days
14 Park Avenue, Old Basing, Basingstoke, Hampshire, RG24 7HJ£550,000£530,000-£20,00010 Jan 202412 Jul 2024184 Days
5 Merryfield, Chineham, Basingstoke, Hampshire, RG24 8XW£400,000£380,000-£20,00026 Jan 202428 Jun 2024154 Days

Most Expensive Streets in RG24 (Basingstoke)

PostcodeStreetAreaAverageNo. of Sales
RG24 7ATNewnham Lane, Old BasingBasingstoke£1,041,6663
RG24 8APPyotts Hill, Old BasingBasingstoke£895,0004
RG24 9HXVyne Road, Sherborne St JohnBasingstoke£810,0006
RG24 9LRChineham Lane, Sherborne St JohnBasingstoke£780,0003
RG24 7HWBlenheim Road, Old BasingBasingstoke£768,3333
RG24 9LEWest End, Sherborne St JohnBasingstoke£704,3754
RG24 8RDSt Leonards Avenue, ChinehamBasingstoke£696,7504
RG24 8LTReading Road, ChinehamBasingstoke£678,3333
RG24 7DSPriory Gardens, Old BasingBasingstoke£673,1254
RG24 7DDMilkingpen Lane, Old BasingBasingstoke£665,7005

Least Expensive Streets in RG24 (Basingstoke)

PostcodeStreetAreaAverageNo. of Sales
RG24 8TLOakfields, LychpitBasingstoke£102,40010
RG24 9WHShetland RoadBasingstoke£112,89512
RG24 7NJAspen House, The HolliesBasingstoke£115,23618
RG24 9PWMontserrat PlaceBasingstoke£127,8333
RG24 9DUTewkesbury CloseBasingstoke£131,0003
RG24 9FBPemberley PlaceBasingstoke£142,6416
RG24 8TPBinfields Close, ChinehamBasingstoke£148,02718
RG24 9SZEdmund CourtBasingstoke£159,87512
RG24 9NRDarley House, Rooksdown AvenueBasingstoke£170,5004
RG24 9FJEnglefield WayBasingstoke£171,0628

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