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Oakley House Prices Oakley House Prices

The average house price in Oakley is £631,250 using HM Land Registry data.

The average property price increased by £93,388 (22.36%) over the last 5 years and increased by £18,665 (3.79%) over the last 12 months.

Over the last year, there were 49 residential property sales – a decrease of 19 transactions (-38.78%) relative to the previous year. The majority of house sales (15) were in the £420,000 - £480,000 range. Then came properties in the £480,000 - £540,000 range, where 8 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 £-8,863 (-1%).

In April 2024, there were 14 new estate agency instructions, 17 agreed home sales and 1 property price reductions.

Postcodes Covered: RG23

5-Year Average Property Prices in Oakley

22.36%

Property prices in Oakley increased by 22.36% 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 Oakley Over the Last Year

3.79%

Property prices in Oakley increased by 3.79% 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 Oakley - 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 Oakley

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 Oakley

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 Oakley

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 Oakley since 1995

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

Recent Property Sales in Oakley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
45 Water Ridges, Oakley, Basingstoke, Hampshire, RG23 7HX£215,000£215,000£0011 Oct 202329 Feb 2024141 Days
26 Kings Orchard, Oakley, Basingstoke, Hampshire, RG23 7AX£475,000£475,000£0011 Aug 202309 Feb 2024182 Days
8 Cadnam Close, Oakley, Basingstoke, Hampshire, RG23 7AF£500,000£495,000-£5,00015 Nov 202307 Feb 202484 Days
6 Severn Gardens, Oakley, Basingstoke, Hampshire, RG23 7AT£400,000£395,000-£5,00019 Oct 202306 Feb 2024110 Days
5 Medway Avenue, Oakley, Basingstoke, Hampshire, RG23 7DP£450,000£425,000-£25,00004 Nov 202322 Jan 202479 Days
11 Avon Road, Oakley, Basingstoke, Hampshire, RG23 7DW£525,000£495,000-£30,00025 Apr 202313 Dec 2023232 Days
54 Hill Road, Oakley, Basingstoke, Hampshire, RG23 7HU£365,000£365,000£0006 Sep 202317 Nov 202372 Days
12 Braemar Drive, Oakley, Basingstoke, Hampshire, RG23 7LX£375,000£370,000-£5,00013 Jul 202303 Nov 2023113 Days
13 Oakley Lane, Oakley, Basingstoke, Hampshire, RG23 7JZ£325,000£320,000-£5,00026 Apr 202309 Oct 2023166 Days
18 Dever Way, Oakley, Basingstoke, Hampshire, RG23 7AQ£500,000£500,000£0003 Oct 202306 Oct 20233 Days
18 Water Ridges, Oakley, Basingstoke, Hampshire, RG23 7JA£425,000£425,000£0001 May 202328 Sep 2023150 Days
15 Springfield, Oakley, Basingstoke, Hampshire, RG23 7DR£600,000£565,000-£35,00030 Mar 202301 Sep 2023155 Days
2 Boon Way, Oakley, Basingstoke, Hampshire, RG23 7BS£500,000£472,500-£27,50031 Mar 202330 Aug 2023152 Days
3 Meon Road, Oakley, Basingstoke, Hampshire, RG23 7AL£500,000£460,000-£40,00017 Mar 202304 Aug 2023140 Days
10 Hoopers Way, Oakley, Basingstoke, Hampshire, RG23 7DE£615,000£590,000-£25,00028 Nov 202228 Jul 2023242 Days
2 The Drive, Oakley, Basingstoke, Hampshire, RG23 7DA£650,000£635,000-£15,00007 Feb 202306 Jul 2023149 Days
9 The Greenaways, Oakley, Basingstoke, Hampshire, RG23 7JF£680,000£657,000-£23,00007 Feb 202303 Jul 2023146 Days
18 The Vale, Oakley, Basingstoke, Hampshire, RG23 7LB£425,000£425,000£0011 Jan 202323 Jun 2023163 Days
105 Oakley Lane, Oakley, Basingstoke, Hampshire, RG23 7BX£750,000£750,000£0024 Nov 202224 May 2023181 Days
9 Andover Road, Oakley, Basingstoke, Hampshire, RG23 7HB£625,000£623,000-£2,00026 Dec 202224 May 2023149 Days

Most Expensive Streets in Oakley

PostcodeStreetAreaAverageNo. of Sales
RG23 7DZPardownOakley£791,5007
RG23 7GEFolletts CloseOakley£781,0006
RG23 7DYPardownOakley£745,8336
RG23 7JYOakley LaneOakley£732,4874
RG23 7JFThe GreenawaysOakley£689,0003
RG23 7BJPack LaneOakley£636,3333
RG23 7BBFox LaneOakley£629,5004
RG23 7HRHill RoadOakley£626,6374
RG23 7JTOakley LaneOakley£593,9995
RG23 7DAThe DriveOakley£582,2005

Least Expensive Streets in Oakley

PostcodeStreetAreaAverageNo. of Sales
RG23 7NHGlamis CloseOakley£145,7504
RG23 7HXWater RidgesOakley£229,2504
RG23 7NJGlamis CloseOakley£237,6663
RG23 7JEFairview MeadowOakley£241,6663
RG23 7NDBarra CloseOakley£277,9254
RG23 7LGArran CloseOakley£281,0004
RG23 7JBSunnymeadOakley£285,8333
RG23 7JLGoddards FirsOakley£313,6663
RG23 7DHFrome CloseOakley£329,7504
RG23 7GDMendip MewsOakley£349,99510

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