According to the public record, 4 Wella House, Basingstoke is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Wella House, Wella Road, Basingstoke, RG22.
Wella Road, Basingstoke, RG22 is located in the borough of Basingstoke and Deane within the RG22 postal district.
4 Wella House, Basingstoke has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated August 2016.
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 4 Wella House Basingstoke as £134,840 and the rental value as £728 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 4 Wella House Basingstoke has increased by £3,875 (2.9%) and its rental value has increased by £50 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 4 Wella House, Basingstoke is in very good condition we estimate a sale value of £141,582 and rental value of £764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,401 and a rental value of £677 per month.
If you were able to purchase this property for the estimated value of £134,840, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £663 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, 4 Wella House, Basingstoke was last sold on 06 Jan 2022 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Wella House, Basingstoke within a radius of 660 metres over the last 2 years.
The most recent example is 53 Wella House, Wella Road, Basingstoke, RG22 4FQ, a Leasehold flat which sold for £115,000 in Dec 2022.
Read more about house prices in RG22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wella Road, Basingstoke, RG22 has a total of 138 addresses. According to our analysis of all the public data, 4 Wella House, Basingstoke is the 135th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in RG22.
4 Wella House, Basingstoke has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 4 Wella House, Basingstoke is Basingstoke station which is 2.1 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 4 Wella House, Basingstoke, 39.3% of property is privately rented and 30.6% is privately owned outright.
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 4 Wella House, Basingstoke, 15.5% of residents are recorded as possessing school level qualifications and 35.1% 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 4 Wella House, Basingstoke, the average age was 41.1 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 4 Wella House, Basingstoke, 0.7% 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 4 Wella House, 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.