According to the public record, 1 Spencer House, Basingstoke is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Spencer House, Peggs Way, Basingstoke, RG24.
Peggs Way, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
1 Spencer House, Basingstoke has 3 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated November 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Spencer House Basingstoke as £237,989 and the rental value as £1,078 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Spencer House Basingstoke has increased by £4,773 (2.0%) and its rental value has increased by £70 per month (6.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Spencer House, Basingstoke is in very good condition we estimate a sale value of £249,889 and rental value of £1,132 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,330 and a rental value of £1,002 per month.
If you were able to purchase this property for the estimated value of £237,989, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,170 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 Spencer House, Basingstoke was last sold on 25 Aug 2022 for £235,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Spencer House, Basingstoke within a radius of 460 metres over the last 2 years.
The most recent example is 1, Easter Square, Basingstoke, RG24 9GL, a Leasehold flat which sold for £222,500 in Nov 2023.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peggs Way, Basingstoke, RG24 has a total of 105 addresses. According to our analysis of all the public data, 1 Spencer House, Basingstoke is the 81st largest and the 84th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in RG24.
1 Spencer House, Basingstoke has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1 Spencer House, Basingstoke is Basingstoke station which is 2.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Spencer House, Basingstoke, 51.8% of property is privately owned with a mortgage and 18.2% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Spencer House, Basingstoke, 18.4% of residents are recorded as possessing school level qualifications and 43.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Spencer House, Basingstoke, the average age was 36.7 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Spencer House, Basingstoke, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Spencer House, Basingstoke, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.