According to the public record, 28, Melrose Walk, Basingstoke is a mid-century apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Melrose Walk, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
28, Melrose Walk, Basingstoke has no records in the Land Registry database and a single entry in the EPC database dated February 2010.
We combine this information with public data 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 28 Melrose Walk Basingstoke as £193,511 and the rental value as £1,028 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 28 Melrose Walk Basingstoke has increased by £4,052 (2.1%) and its rental value has increased by £71 per month (6.9%).
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 28, Melrose Walk, Basingstoke is in very good condition we estimate a sale value of £203,187 and rental value of £1,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,965 and a rental value of £956 per month.
If you were able to purchase this property for the estimated value of £193,511, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £951 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Melrose Walk, Basingstoke within a radius of 550 metres over the last 2 years.
The most recent example is 67, Melrose Walk, Basingstoke, RG24 9HQ, a Leasehold flat which sold for £172,500 in Mar 2022.
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, 28, Melrose Walk, Basingstoke is the 55th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in RG24.
28, Melrose Walk, Basingstoke has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 28, 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 28, 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 28, 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 28, 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 28, 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 28, 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.