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Basingstoke House Prices Basingstoke House Prices

The average house price in Basingstoke is £350,308 using HM Land Registry data.

The average property price increased by £62,191 (21.15%) over the last 5 years and increased by £12,430 (3.62%) over the last 12 months.

Over the last year, there were 1,186 residential property sales – a decrease of 541 transactions (-45.62%) relative to the previous year. The majority of house sales (290) were in the £250,000 - £320,000 range. Then came properties in the £320,000 - £390,000 range, where 248 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,047 (-1%).

In April 2024, there were 236 new estate agency instructions, 183 agreed home sales and 88 property price reductions.

Neighbouring Areas: Old Basing

Postcodes Covered: RG21, RG22, RG23, RG24, RG25, RG27

5-Year Average Property Prices in Basingstoke

21.15%

Property prices in Basingstoke increased by 21.15% 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 Basingstoke Over the Last Year

3.62%

Property prices in Basingstoke increased by 3.62% 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 Basingstoke - April 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 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 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 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 Basingstoke since 1995

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

Recent Property Sales in Basingstoke

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Fletcher Close, Basingstoke, Hampshire, RG21 8AZ£169,500£160,000-£9,50013 Sep 202318 Mar 2024187 Days
44 Milton Close, Basingstoke, Hampshire, RG24 9BY£260,000£257,000-£3,00003 Nov 202312 Mar 2024130 Days
61 Saffron Close, Chineham, Basingstoke, Hampshire, RG24 8XQ£550,000£550,000£0009 Nov 202311 Mar 2024123 Days
6 Hillstead Court, Basingstoke, Hampshire, RG21 3PT£120,000£118,000-£2,00022 Sep 202311 Mar 2024171 Days
8 Pear Tree Way, Oakridge, Basingstoke, Hampshire, RG21 5QE£180,000£180,000£0003 Oct 202311 Mar 2024160 Days
24 Hulbert Way, Basingstoke, Hampshire, RG22 6NB£395,000£385,000-£10,00004 Jul 202304 Mar 2024244 Days
109 Cliddesden Road, Basingstoke, Hampshire, RG21 3EY£1,000,000£950,000-£50,00008 Feb 202401 Mar 202422 Days
54 Campsie Close, Basingstoke, Hampshire, RG22 5DF£260,000£260,000£0010 Nov 202329 Feb 2024111 Days
Flat 12, Darley House, Rooksdown Avenue, Basingstoke, Hampshire, RG24 9NR£180,000£180,000£0006 Dec 201719 Feb 20242266 Days
9 Wykeham Drive, Basingstoke, Hampshire, RG23 8HP£390,000£385,000-£5,00004 Jan 202416 Feb 202443 Days
8 Hulbert Way, Basingstoke, Hampshire, RG22 6NB£350,000£350,000£0031 Jul 202316 Feb 2024200 Days
81 Wentworth Crescent, Beggarwood, Basingstoke, Hampshire, RG22 4WU£550,000£550,000£0018 Oct 202316 Feb 2024121 Days
2 The Cornfields, Hatch Warren, Basingstoke, Hampshire, RG22 4QB£520,000£495,000-£25,00022 Aug 202316 Feb 2024178 Days
22 Holst Close, Basingstoke, Hampshire, RG22 4JA£315,000£300,000-£15,00022 Mar 202316 Feb 2024331 Days
7 Howard View, Basingstoke, Hampshire, RG22 6LF£280,000£272,500-£7,50004 Mar 202316 Feb 2024349 Days
27 Matilda Drive, Basingstoke, Hampshire, RG22 4TB£430,000£427,000-£3,00011 Aug 202314 Feb 2024187 Days
157 Pershore Road, Popley, Basingstoke, Hampshire, RG24 9BG£210,000£210,000£0021 Aug 202312 Feb 2024175 Days
24 Norn Hill, Basingstoke, Hampshire, RG21 4HD£370,000£355,000-£15,00007 Sep 202312 Feb 2024158 Days
140 St Peters Road, South Ham, Basingstoke, Hampshire, RG22 6TH£275,000£273,000-£2,00018 Sep 202309 Feb 2024144 Days
23 Gander Drive, Basingstoke, Hampshire, RG24 9JR£280,000£268,000-£12,00003 Oct 202306 Feb 2024126 Days

Most Expensive Streets in Basingstoke

PostcodeStreetAreaAverageNo. of Sales
RG24 8APPyotts HillOld Basing£895,0004
RG21 3ESCliddesden CourtBasingstoke£788,2005
RG21 3EYCliddesden RoadBasingstoke£781,2005
RG24 9LRChineham LaneSherborne St John£780,0003
RG21 3HQNeville CloseBasingstoke£759,0005
RG21 3HULightfoot GroveBasingstoke£756,6663
RG22 5LSKempshott LaneKempshott£725,3333
RG21 3HGNeville CloseBasingstoke£725,0005
RG21 3HHCliddesden RoadBasingstoke£710,0003
RG24 8RDSt Leonards AvenueChineham£707,3333

Least Expensive Streets in Basingstoke

PostcodeStreetAreaAverageNo. of Sales
RG21 6BAJames RoadBasingstoke£91,5624
RG21 7PQThe DanesBasingstoke£100,0007
RG24 8TLOakfieldsLychpit£102,60713
RG21 7BLSkyline PlazaBasingstoke£118,3333
RG24 9WHShetland RoadBasingstoke£119,5318
RG21 3PTHillstead CourtBasingstoke£123,1059
RG21 4AELavinia CourtLondon Road£124,1663
RG24 9PWMontserrat PlaceBasingstoke£127,8333
RG21 7NYLondon StreetBasingstoke£130,0003
RG21 7AQSkyline PlazaBasingstoke£130,05010

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