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House Prices in RG24

The average house price in RG24 (Basingstoke) is £281,675 using HM Land Registry data.

The average property price increased by £32,076 (0.75%) over the last 5 years and increased by £6,412 (0.14%) over the last 12 months.

Over the last year, there were 397 residential property sales – a decrease of 184 transactions (-46.35%) relative to the previous year. The majority of house sales (99) were in the £248,000 - £326,000 range. Then came properties in the £326,000 - £404,000 range, where 75 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,894 (-1%).

In June 2024, there were 69 new estate agency instructions, 78 agreed home sales and 50 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.

Property Market Heat Gauge for RG24 (Basingstoke) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Pelham Close, Old Basing, Basingstoke, Hampshire, RG24 7HU	£550,000	£545,000	-£5,000	02 Jan 2024	17 Apr 2024	106 Days
52 Aspire Place, Shetland Road, Basingstoke, Hampshire, RG24 9WH	£155,000	£147,500	-£7,500	21 Sep 2023	17 Apr 2024	209 Days
22 Oakfields, Lychpit, Basingstoke, Hampshire, RG24 8TL	£85,000	£80,000	-£5,000	17 Oct 2023	22 Mar 2024	157 Days
28 Mulberry Way, Chineham, Basingstoke, Hampshire, RG24 8TZ	£285,000	£280,000	-£5,000	04 Dec 2023	19 Mar 2024	106 Days
12 Elderberry Bank, Lychpit, Basingstoke, Hampshire, RG24 8RY	£539,000	£505,000	-£34,000	14 Oct 2023	19 Mar 2024	157 Days
44 Milton Close, Basingstoke, Hampshire, RG24 9BY	£260,000	£257,000	-£3,000	03 Nov 2023	12 Mar 2024	130 Days
61 Saffron Close, Chineham, Basingstoke, Hampshire, RG24 8XQ	£550,000	£550,000	£00	09 Nov 2023	11 Mar 2024	123 Days
38 Basswood Drive, Basingstoke, Hampshire, RG24 9SW	£320,000	£310,000	-£10,000	07 Sep 2023	01 Mar 2024	176 Days
93 Abbey Road, Popley, Basingstoke, Hampshire, RG24 9EB	£325,000	£325,000	£00	11 Jul 2023	29 Feb 2024	233 Days
39 Richards Field, Chineham, Basingstoke, Hampshire, RG24 8JY	£220,000	£215,000	-£5,000	07 Nov 2023	26 Feb 2024	111 Days
15 Heron Park, Lychpit, Basingstoke, Hampshire, RG24 8UJ	£450,000	£450,000	£00	04 Dec 2023	23 Feb 2024	81 Days
Flat 12, Darley House, Rooksdown Avenue, Basingstoke, Hampshire, RG24 9NR	£180,000	£180,000	£00	06 Dec 2017	19 Feb 2024	2266 Days
157 Pershore Road, Popley, Basingstoke, Hampshire, RG24 9BG	£210,000	£210,000	£00	21 Aug 2023	12 Feb 2024	175 Days
23 Gander Drive, Basingstoke, Hampshire, RG24 9JR	£280,000	£268,000	-£12,000	03 Oct 2023	06 Feb 2024	126 Days
4 Long Copse Chase, Chineham, Basingstoke, Hampshire, RG24 8WL	£280,000	£275,000	-£5,000	21 Aug 2023	02 Feb 2024	165 Days
1 Saffron Close, Chineham, Basingstoke, Hampshire, RG24 8XQ	£585,000	£560,000	-£25,000	10 Aug 2023	02 Feb 2024	176 Days
12 Catkin Close, Chineham, Basingstoke, Hampshire, RG24 8XY	£275,000	£270,000	-£5,000	19 Oct 2023	29 Jan 2024	102 Days
79 Park Prewett Road, Basingstoke, Hampshire, RG24 9RG	£280,000	£280,000	£00	03 Oct 2023	26 Jan 2024	115 Days
2 Holly Drive, Old Basing, Basingstoke, Hampshire, RG24 7LE	£530,000	£510,000	-£20,000	24 Oct 2023	19 Jan 2024	87 Days
36 Dominica Close, Basingstoke, Hampshire, RG24 9PG	£300,000	£297,500	-£2,500	04 Sep 2023	19 Jan 2024	137 Days

Most Expensive Streets in RG24 (Basingstoke)

Postcode	Street	Area	Average	No. of Sales
RG24 8AP	Pyotts Hill, Old Basing	Basingstoke	£895,000	4
RG24 7AT	Newnham Lane, Old Basing	Basingstoke	£858,333	3
RG24 9HX	Vyne Road, Sherborne St John	Basingstoke	£810,000	6
RG24 9LR	Chineham Lane, Sherborne St John	Basingstoke	£780,000	3
RG24 7HW	Blenheim Road, Old Basing	Basingstoke	£768,333	3
RG24 8RD	St Leonards Avenue, Chineham	Basingstoke	£707,333	3
RG24 9LE	West End, Sherborne St John	Basingstoke	£704,375	4
RG24 9JL	Elm Road, Sherborne St John	Basingstoke	£686,666	3
RG24 9HZ	Tyfield, Sherborne St John	Basingstoke	£669,500	3
RG24 8WE	Pyotts Copse, Old Basing	Basingstoke	£662,125	8

Least Expensive Streets in RG24 (Basingstoke)

Postcode	Street	Area	Average	No. of Sales
RG24 8TL	Oakfields, Lychpit	Basingstoke	£100,992	14
RG24 7NJ	Aspen House, The Hollies	Basingstoke	£110,845	21
RG24 9WH	Shetland Road	Basingstoke	£122,638	9
RG24 9PW	Montserrat Place	Basingstoke	£127,833	3
RG24 9DU	Tewkesbury Close	Basingstoke	£131,000	3
RG24 9FB	Pemberley Place	Basingstoke	£144,308	6
RG24 8TP	Binfields Close, Chineham	Basingstoke	£149,782	20
RG24 9SZ	Edmund Court	Basingstoke	£158,500	11
RG24 7JL	Freya House, London Road	Basingstoke	£168,000	17
RG24 9AF	Netherfield Place	Basingstoke	£169,062	8