According to the public record, 27, Piers Lane, Basingstoke is a modern leasehold apartment with 374 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Piers Lane, Basingstoke, RG23 is located in the borough of Basingstoke and Deane within the RG23 postal district.
27, Piers Lane, Basingstoke has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated May 2021.
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 good condition, we estimate the current sale value for 27 Piers Lane Basingstoke as £180,746 and the rental value as £930 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 27 Piers Lane Basingstoke has increased by £3,258 (1.8%) and its rental value has increased by £59 per month (6.4%).
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 27, Piers Lane, Basingstoke is in very good condition we estimate a sale value of £189,783 and rental value of £976 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,094 and a rental value of £864 per month.
If you were able to purchase this property for the estimated value of £180,746, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £888 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, 27, Piers Lane, Basingstoke was last sold on 30 Sep 2021 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 990 metres radius of 27, Piers Lane, Basingstoke over the last 2 years.
The most recent example is 7, Sapling Close, Basingstoke, RG23 7FS, a Freehold house which sold for £475,000 in Jan 2021.
Read more about house prices in RG23.
Piers Lane, Basingstoke, RG23 has a total of 32 addresses. According to our analysis of all the public data, 27, Piers Lane, Basingstoke is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in RG23.
27, Piers Lane, Basingstoke has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 May 2021.
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 27, Piers Lane, Basingstoke is Basingstoke station which is 5.8 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 27, Piers Lane, Basingstoke, 36.0% of property is privately owned outright and 34.4% 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 27, Piers Lane, Basingstoke, 15.6% of residents are recorded as possessing school level qualifications and 27.6% 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 27, Piers Lane, Basingstoke, the average age was 42.4 and the most common age was 52.
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 27, Piers Lane, 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 27, Piers Lane, Basingstoke, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.