According to the public record, 2, Cutting Drive, Basingstoke is a modern freehold house with 850 ft2 of internal area and sits on a 203 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cutting Drive, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
2, Cutting Drive, Basingstoke has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated November 2013.
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 2 Cutting Drive Basingstoke as £308,756 and the rental value as £1,437 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 2 Cutting Drive Basingstoke has increased by £2,634 (0.9%) and its rental value has increased by £76 per month (5.3%).
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 2, Cutting Drive, Basingstoke is in very good condition we estimate a sale value of £324,194 and rental value of £1,509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,143 and a rental value of £1,337 per month.
If you were able to purchase this property for the estimated value of £308,756, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,517 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, 2, Cutting Drive, Basingstoke sits on a plot of 203m2.
We have plot size data on 12 out of 13 other houses in the postcode and 2, Cutting Drive, Basingstoke sits on the 8th largest plot.
According to HM Land Registry, 2, Cutting Drive, Basingstoke was last sold on 25 Apr 2014 for £221,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 40.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cutting Drive, Basingstoke within a radius of 540 metres over the last 2 years.
The most recent example is 66, Peggs Way, Basingstoke, RG24 9FX, a Freehold house which sold for £405,000 in Dec 2022.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cutting Drive, Basingstoke, RG24 has a total of 13 addresses. According to our analysis of all the public data, 2, Cutting Drive, Basingstoke is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in RG24.
2, Cutting Drive, Basingstoke has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Nov 2013.
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 2, Cutting Drive, Basingstoke is Basingstoke station which is 2.2 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 2, Cutting Drive, Basingstoke, 61.9% of property is privately owned with a mortgage and 20.9% is socially rented.
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 2, Cutting Drive, Basingstoke, 27.5% of residents are recorded as possessing school level qualifications and 50.3% 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 2, Cutting Drive, 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 2, Cutting Drive, Basingstoke, 0.0% 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 2, Cutting Drive, 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.