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Old Basing House Prices Old Basing House Prices

The average house price in Old Basing is £0 using HM Land Registry data.

The average property price increased by £49,597 (11.41%) over the last 5 years and increased by £9,912 (2.09%) over the last 12 months.

Over the last year, there were 44 residential property sales – a decrease of 14 transactions (-31.82%) relative to the previous year. The majority of house sales (12) were in the £322,000 - £434,000 range. Then came properties in the £658,000 - £770,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,894 (-1%).

In April 2024, there were 13 new estate agency instructions, 12 agreed home sales and 4 property price reductions.

Neighbouring Areas: Basingstoke

Postcodes Covered: RG24

5-Year Average Property Prices in Old Basing

11.41%

Property prices in Old Basing increased by 11.41% 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 Old Basing Over the Last Year

2.09%

Property prices in Old Basing increased by 2.09% 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 Old Basing - 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 Old Basing

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 Old Basing

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 Old Basing

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 Old Basing since 1995

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

Recent Property Sales in Old Basing

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Holly Drive, Old Basing, Basingstoke, Hampshire, RG24 7LE£530,000£510,000-£20,00024 Oct 202319 Jan 202487 Days
58 Byfleet Avenue, Old Basing, Basingstoke, Hampshire, RG24 7HL£700,000£675,000-£25,00012 Jun 202327 Nov 2023168 Days
60 Fairthorne Rise, Old Basing, Basingstoke, Hampshire, RG24 7EL£450,000£432,500-£17,50004 Jul 202326 Oct 2023114 Days
8 Holly Drive, Old Basing, Basingstoke, Hampshire, RG24 7LE£675,000£675,000£0007 Aug 202326 Oct 202380 Days
3 Church Lane, Old Basing, Basingstoke, Hampshire, RG24 7DJ£1,200,000£1,200,000£0026 May 202317 Oct 2023144 Days
84 Belle Vue Road, Old Basing, Basingstoke, Hampshire, RG24 7JW£525,000£525,000£0015 May 202301 Sep 2023109 Days
46 Byfleet Avenue, Old Basing, Basingstoke, Hampshire, RG24 7HR£550,000£535,000-£15,00028 Mar 202331 Aug 2023156 Days
11 Belle Vue Road, Old Basing, Basingstoke, Hampshire, RG24 7JU£250,000£250,000£0027 Mar 202331 Aug 2023157 Days
5 Dickens Lane, Old Basing, Basingstoke, Hampshire, RG24 7JB£400,000£394,000-£6,00024 Dec 202215 Aug 2023234 Days
50 Byfleet Avenue, Old Basing, Basingstoke, Hampshire, RG24 7HR£600,000£567,500-£32,50016 Jun 202311 Aug 202356 Days
63 London Road, Old Basing, Basingstoke, Hampshire, RG24 7JG£675,000£665,000-£10,00015 May 202309 Aug 202386 Days
54 Linden Avenue, Old Basing, Basingstoke, Hampshire, RG24 7HS£580,000£575,000-£5,00011 Feb 202328 Jul 2023167 Days
4 The Mead, Old Basing, Basingstoke, Hampshire, RG24 7DT£780,000£765,000-£15,00023 Jan 202307 Jul 2023165 Days
26a, Linden Avenue, Old Basing, Basingstoke, Hampshire, RG24 7HG£395,000£385,000-£10,00022 Nov 202230 Jun 2023220 Days
90 Belle Vue Road, Old Basing, Basingstoke, Hampshire, RG24 7JW£525,000£510,000-£15,00010 Jan 202316 May 2023126 Days
44 Basingfield Close, Old Basing, Basingstoke, Hampshire, RG24 7BQ£385,000£385,000£0016 Sep 202205 May 2023231 Days
37 Fairthorne Rise, Old Basing, Basingstoke, Hampshire, RG24 7EJ£350,000£340,000-£10,00025 Jan 202320 Apr 202385 Days
33 Park Lane, Old Basing, Basingstoke, Hampshire, RG24 7HH£700,000£675,000-£25,00014 Feb 202314 Apr 202359 Days
21 Park Avenue, Old Basing, Basingstoke, Hampshire, RG24 7HJ£750,000£725,000-£25,00012 Jan 202306 Apr 202384 Days
119 Cavalier Road, Old Basing, Basingstoke, Hampshire, RG24 7ES£700,000£690,000-£10,00007 Oct 202222 Mar 2023166 Days

Most Expensive Streets in Old Basing

PostcodeStreetAreaAverageNo. of Sales
RG24 7DBPaddock FieldsOld Basing£991,6663
RG24 7HWBlenheim RoadOld Basing£768,3333
RG24 7HHPark LaneOld Basing£725,0003
RG24 7DSPriory GardensOld Basing£654,5005
RG24 7EEHatch LaneOld Basing£642,5004
RG24 7DDMilkingpen LaneOld Basing£620,5836
RG24 7HLByfleet AvenueOld Basing£617,0003
RG24 7DWAlmond CloseOld Basing£615,0003
RG24 7HDByfleet AvenueOld Basing£609,0005
RG24 7LEHolly DriveOld Basing£601,6663

Least Expensive Streets in Old Basing

PostcodeStreetAreaAverageNo. of Sales
RG24 7NJAspen HouseThe Hollies£111,76220
RG24 7JLFreya HouseLondon Road£168,00017
RG24 7ARClover Leaf WayOld Basing£204,3333
RG24 7JUBelle Vue RoadOld Basing£279,5836
RG24 7BGBasingfield CloseOld Basing£299,0005
RG24 7BQBasingfield CloseOld Basing£328,55010
RG24 7EDLingfield CloseOld Basing£346,6663
RG24 7ELFairthorne RiseOld Basing£349,3754
RG24 7JBDickens LaneOld Basing£351,1427
RG24 7EJFairthorne RiseOld Basing£384,6663

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