According to the public record, 47, Penton Way, Basingstoke is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Penton Way, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
47, Penton Way, Basingstoke has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated October 2023.
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 47 Penton Way Basingstoke as £200,337 and the rental value as £975 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 47 Penton Way Basingstoke has increased by £4,029 (2.0%) and its rental value has increased by £67 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 47, Penton Way, Basingstoke is in very good condition we estimate a sale value of £210,354 and rental value of £1,024 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,313 and a rental value of £907 per month.
If you were able to purchase this property for the estimated value of £200,337, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £985 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, 47, Penton Way, Basingstoke was last sold on 22 Oct 2015 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Penton Way, Basingstoke within a radius of 580 metres over the last 2 years.
The most recent example is 3, Penton Way, Basingstoke, RG24 9RT, a Leasehold flat which sold for £192,500 in Jul 2023.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penton Way, Basingstoke, RG24 has a total of 34 addresses. According to our analysis of all the public data, 47, Penton Way, Basingstoke is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in RG24.
47, Penton Way, Basingstoke has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 47, Penton 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 47, Penton Way, Basingstoke, 43.1% of property is privately owned with a mortgage and 28.5% is privately rented.
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 47, Penton Way, Basingstoke, 18.8% of residents are recorded as possessing school level qualifications and 39.1% 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 47, Penton Way, 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 47, Penton Way, 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 47, Penton Way, Basingstoke, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.