According to the public record, 7, Penny Black Lane, Basingstoke is a modern house with 427 ft2 of internal area and sits on a 3,031 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Penny Black Lane, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
7, Penny Black Lane, Basingstoke has no records in the Land Registry database and a single entry in the EPC database dated December 2008.
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 7 Penny Black Lane Basingstoke as £222,647 and the rental value as £1,027 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 7 Penny Black Lane Basingstoke has increased by £5,462 (2.5%) and its rental value has increased by £72 per month (7.0%).
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 7, Penny Black Lane, Basingstoke is in very good condition we estimate a sale value of £233,779 and rental value of £1,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,061 and a rental value of £955 per month.
If you were able to purchase this property for the estimated value of £222,647, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,094 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, 7, Penny Black Lane, Basingstoke sits on a plot of 3031m2.
We have plot size data on 21 out of 21 other houses in the postcode and 7, Penny Black Lane, Basingstoke sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Penny Black Lane, Basingstoke within a radius of 620 metres over the last 2 years.
The most recent example is 18, Penny Black Lane, Basingstoke, RG24 9TG, a Freehold house which sold for £146,000 in Feb 2024.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penny Black Lane, Basingstoke, RG24 has a total of 29 addresses. According to our analysis of all the public data, 7, Penny Black Lane, Basingstoke is the 26th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in RG24.
7, Penny Black Lane, Basingstoke has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Dec 2008.
The property is not connected to mains gas and has windows. It is heated using a boiler and radiators.
The closest station to 7, Penny Black Lane, Basingstoke is Basingstoke station which is 2.0 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 7, Penny Black Lane, Basingstoke, 47.7% of property is privately owned with a mortgage and 31.8% is socially 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 7, Penny Black Lane, Basingstoke, 27.0% of residents are recorded as possessing school level qualifications and 38.8% 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 7, Penny Black Lane, 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 7, Penny Black Lane, 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 7, Penny Black Lane, Basingstoke, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.