Basingstoke

Area Guide For Basingstoke

Basingstoke is an expansive town in northeast Hampshire, in south focal England. It lies over a valley at the wellspring of the River Loddon. It is found 30 miles (48 km) northeast of Southampton, 48 miles southwest of London, and 19 miles northeast of the area town and previous capital Winchester. In 2012 it had an expected populace of 84,275, however this does exclude the extensive suburban towns of Chineham, Old Basing or Lychpit, which are presently for the most part considered as external suburbs. It is a piece of the ward of Basingstoke and Deane and some piece of the parliamentary supporters of Basingstoke. Basingstoke is frequently nicknamed "Doughnut City" or "roundabout City" in light of the quantity of extensive roundabouts.

 
 

Basingstoke Map

Estimated Price: £285,530
Average Asking Price: £304,495
Price change in last one year: £17,780
Average Price Paid: £229,501
Average Rent Rates: £1,398

 
 

Property Prices Breakdown in Basingstoke

Average Price for property in Basingstoke is around £285,530 which varies based on type of property you are interested in and ranges from £433,541 for detached house to around £281,194 for semi-detached. Similarly terraced house is around £219,932 and a flat is worth £171,701. Values have been changing and have risen £942 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,884 in last 6 months, £17,780 in last 1 year, £33,925 in last 2 years, £40,068 in last 3 years, £40,871 in last 4 years and £37,624 in last 5 years.

Currently average asking price of a property in Basingstoke is around £304,495 based on approximately 1,930 properties for sale. Same is the case with rental options based on 177 properties up for rent, average asking rent is around £1,398 per month.

Estimated property value in Basingstoke is £285,530. Average asking price is £304,495 while average price paid is £242,234 which is up by £17,780 and Avg. asking rent £1,398.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Basingstoke area. In last 1 year alone average price buyer paid is around £242,234 based on approximately 1,930 sales in Basingstoke area alone. If you compare it to last 3 years sales of 5,543 properties where buyers paid around £235,350. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £229,501 for 9,003 and average amount paid for purchase of approx. 12,693 properties sold in last 7 years comes to about £224,436 per sale.

 
 

Properties For Sale in Basingstoke

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £137,491, £222,015 for a 2 bedroom house, £283,068 for a 3 bedroom house, £448,190 for a 4 bedroom house and £629,313 for a 5 bedroom house. For a flat similarly the prices varies from £125,471 for a single bedroom to £176,517 for a 2 bedroom Flat. To sum up the asking prices for properties in Basingstoke it comes to around average £126,715 for 1 bedroom property, £195,195 for 2 bedroom, £283,068 for 3 bedroom, £448,190 for 4 bedroom and £629,313 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £567 for 1 bedroom to £885 for 2 bedrooms, £1,077 for 3 bedrooms, £1,402 for 4 bedrooms and £2,574 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £905. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £894. You should be generally be expecting around average £782 rent per month for single bedroom property, £891 for 2 bedroom, £1,077 for 3 bedroom, £1,402 for 4 bedroom and approximately £2,574 for a 5 bedroom property in Basingstoke area.

Popular Houses in Basingstoke

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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