According to the public record, 38, Milkingpen Lane, Basingstoke is a modern freehold house with 927 ft2 of internal area and sits on a 578 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Milkingpen Lane, Old Basing, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
38, Milkingpen Lane, Basingstoke has a single entry in the Land Registry database from October 2009 and a single entry in the EPC database dated July 2009.
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 38 Milkingpen Lane Basingstoke as £392,571 and the rental value as £1,555 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 38 Milkingpen Lane Basingstoke has decreased by £4,392 (1.1%) and its rental value has increased by £52 per month (3.3%).
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 38, Milkingpen Lane, Basingstoke is in very good condition we estimate a sale value of £412,199 and rental value of £1,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,091 and a rental value of £1,446 per month.
If you were able to purchase this property for the estimated value of £392,571, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,929 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, 38, Milkingpen Lane, Basingstoke sits on a plot of 578m2.
We have plot size data on 7 out of 10 other houses in the postcode and 38, Milkingpen Lane, Basingstoke sits on the 5th largest plot.
According to HM Land Registry, 38, Milkingpen Lane, Basingstoke was last sold on 30 Oct 2009 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2009, the market for similar properties has risen 64.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Milkingpen Lane, Basingstoke within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 3, Fraser Close, Basingstoke, RG24 7JY, a Freehold house which sold for £405,000 in Apr 2023.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milkingpen Lane, Old Basing, Basingstoke, RG24 has a total of 58 addresses. According to our analysis of all the public data, 38, Milkingpen Lane, Basingstoke is the 45th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in RG24.
38, Milkingpen Lane, Basingstoke has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 38, Milkingpen Lane, Basingstoke is Basingstoke station which is 3.0 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 38, Milkingpen Lane, Basingstoke, 54.2% of property is privately owned outright and 36.6% 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 38, Milkingpen Lane, Basingstoke, 19.3% of residents are recorded as possessing school level qualifications and 55.2% 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 38, Milkingpen Lane, Basingstoke, the average age was 47.1 and the most common age was 57.
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 38, Milkingpen Lane, Basingstoke, 2.1% 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 38, Milkingpen Lane, Basingstoke, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.