According to the public record, 40, Elmwood Way, Basingstoke is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,135 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Elmwood Way, Basingstoke, RG23 is located in the borough of Basingstoke and Deane within the RG23 postal district.
40, Elmwood Way, Basingstoke has a single entry in the Land Registry database from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Elmwood Way Basingstoke as £402,631 and the rental value as £1,733 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 40 Elmwood Way Basingstoke has decreased by £376 (0.1%) and its rental value has increased by £73 per month (4.2%).
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 40, Elmwood Way, Basingstoke is in very good condition we estimate a sale value of £422,762 and rental value of £1,819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,447 and a rental value of £1,611 per month.
If you were able to purchase this property for the estimated value of £402,631, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,979 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, 40, Elmwood Way, Basingstoke was last sold on 03 Aug 2007 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 53.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Elmwood Way, Basingstoke within a radius of 570 metres over the last 2 years.
The most recent example is 25, Elmwood Way, Basingstoke, RG23 8LG, a Freehold house which sold for £437,000 in Feb 2022.
Read more about house prices in RG23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmwood Way, Basingstoke, RG23 has a total of 109 addresses. According to our analysis of all the public data, 40, Elmwood Way, Basingstoke is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in RG23.
The closest station to 40, Elmwood Way, Basingstoke is Basingstoke station which is 2.3 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 40, Elmwood Way, Basingstoke, 47.3% of property is privately owned outright and 41.2% 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 40, Elmwood Way, Basingstoke, 18.5% of residents are recorded as possessing school level qualifications and 28.4% 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 40, Elmwood Way, 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 40, Elmwood Way, Basingstoke, 0.6% 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 40, Elmwood Way, Basingstoke, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.