House Prices in RG23 House Prices in RG23 (Basingstoke)

The average house price in RG23 (Basingstoke) is £370,230 using HM Land Registry data.

The average property price increased by £62,358 (19.13%) over the last 5 years and increased by £12,494 (3.03%) over the last 12 months.

Over the last year, there were 156 residential property sales – a decrease of 13 transactions (-8.33%) relative to the previous year. The majority of house sales (37) were in the £334,000 - £398,000 range. Then came properties in the £270,000 - £334,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 225 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,606 (-2%).

In March 2025, there were 41 new estate agency instructions, 26 agreed home sales and 23 property price reductions.

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) - March 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
57 Willoughby Way, Basingstoke, Hampshire, RG23 8AX£275,000£271,000-£4,00013 Sep 202420 Feb 2025160 Days
5 Meon Road, Oakley, Basingstoke, Hampshire, RG23 7AL£350,000£350,000£017 Sep 202431 Jan 2025136 Days
18 Kennet Way, Oakley, Basingstoke, Hampshire, RG23 7AN£425,000£415,000-£10,00021 Aug 202431 Jan 2025163 Days
27 Elmwood Way, Basingstoke, Hampshire, RG23 8LG£450,000£442,000-£8,00006 Sep 202431 Jan 2025147 Days
25 Croft Road, Oakley, Basingstoke, Hampshire, RG23 7LA£500,000£490,000-£10,00025 Jul 202431 Jan 2025190 Days
15 Mull Close, Oakley, Basingstoke, Hampshire, RG23 7LQ£365,000£360,000-£5,00029 Aug 202427 Jan 2025151 Days
14 Kintyre Close, Oakley, Basingstoke, Hampshire, RG23 7NE£140,000£140,000£001 Aug 202413 Jan 2025165 Days
10 Lilac Way, Basingstoke, Hampshire, RG23 8AQ£290,000£290,000£025 Jun 202408 Jan 2025197 Days
293 Kenilworth Road, Winklebury, Basingstoke, Hampshire, RG23 8JW£260,000£260,000£022 Aug 202406 Jan 2025137 Days
10 Mull Close, Oakley, Basingstoke, Hampshire, RG23 7LQ£390,000£375,000-£15,00023 Jul 202418 Dec 2024148 Days
7 Meon Road, Oakley, Basingstoke, Hampshire, RG23 7AL£340,000£335,000-£5,00015 Aug 202416 Dec 2024123 Days
64 Hunters Close, Oakley, Basingstoke, Hampshire, RG23 7BG£425,000£418,000-£7,00001 Aug 202413 Dec 2024134 Days
45 Roman Road, Basingstoke, Hampshire, RG23 8ER£584,950£565,000-£19,95003 Jun 202409 Dec 2024189 Days
17 Goddards Firs, Oakley, Basingstoke, Hampshire, RG23 7JL£350,000£330,000-£20,00004 Sep 202409 Dec 202496 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

Most Expensive Streets in RG23 (Basingstoke)

PostcodeStreetAreaAverageNo. of Sales
RG23 7DZPardown, OakleyBasingstoke£1,002,9287
RG23 7JYOakley Lane, OakleyBasingstoke£732,4874
RG23 7DYPardown, OakleyBasingstoke£704,1876
RG23 7JFThe Greenaways, OakleyBasingstoke£689,0003
RG23 7JTOakley Lane, OakleyBasingstoke£651,2498
RG23 7BJPack Lane, OakleyBasingstoke£648,3333
RG23 7BBFox Lane, OakleyBasingstoke£629,5004
RG23 8HWWykeham DriveBasingstoke£590,3333
RG23 7DAThe Drive, OakleyBasingstoke£582,2005
RG23 7GQFreshfields CloseBasingstoke£580,00014

Least Expensive Streets in RG23 (Basingstoke)

PostcodeStreetAreaAverageNo. of Sales
RG23 7NHGlamis Close, OakleyBasingstoke£142,6663
RG23 8JSKenilworth Road, WinkleburyBasingstoke£220,1005
RG23 7HXWater Ridges, OakleyBasingstoke£229,2504
RG23 8DAHillcrest CourtBasingstoke£232,0003
RG23 7NEKintyre Close, OakleyBasingstoke£237,0003
RG23 8ARWilmott Way, WinkleburyBasingstoke£237,0003
RG23 8JWKenilworth Road, WinkleburyBasingstoke£240,6254
RG23 8JRKenilworth Road, WinkleburyBasingstoke£242,6878
RG23 8HQArundel GardensBasingstoke£248,69213
RG23 8AQLilac WayBasingstoke£256,0004

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