According to the public record, 11, Melrose Walk, Basingstoke is a mid-century freehold house with 1,184 ft2 of internal area and sits on a 111 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Melrose Walk, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
11, Melrose Walk, Basingstoke has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated April 2023.
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 11 Melrose Walk Basingstoke as £295,516 and the rental value as £1,366 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 11 Melrose Walk Basingstoke has increased by £4,362 (1.5%) and its rental value has increased by £85 per month (6.3%).
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 11, Melrose Walk, Basingstoke is in very good condition we estimate a sale value of £310,292 and rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,830 and a rental value of £1,270 per month.
If you were able to purchase this property for the estimated value of £295,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,452 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 data from HM Land Registry, 11, Melrose Walk, Basingstoke sits on a plot of 111m2.
We have plot size data on 12 out of 14 other houses in the postcode and 11, Melrose Walk, Basingstoke sits on the 4th largest plot.
According to HM Land Registry, 11, Melrose Walk, Basingstoke was last sold on 01 Dec 2023 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Melrose Walk, Basingstoke within a radius of 550 metres over the last 2 years.
The most recent example is 592, Abbey Road, Basingstoke, RG24 9ER, a Freehold house which sold for £275,750 in Mar 2024.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Walk, Basingstoke, RG24 has a total of 142 addresses. According to our analysis of all the public data, 11, Melrose Walk, Basingstoke is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in RG24.
11, Melrose Walk, Basingstoke has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Apr 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 11, Melrose Walk, Basingstoke is Basingstoke station which is 1.4 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 11, Melrose Walk, Basingstoke, 53.3% of property is socially rented and 19.1% is privately owned with a mortgage.
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 11, Melrose Walk, Basingstoke, 21.4% of residents are recorded as possessing school level qualifications and 25.4% 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 11, Melrose Walk, Basingstoke, the average age was 34.4 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 11, Melrose Walk, Basingstoke, 0.8% 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 11, Melrose Walk, Basingstoke, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.