According to the public record, 7, Severn Way, Basingstoke is a mid-century freehold house with 1,087 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Severn Way, Basingstoke, RG21 is located in the borough of Basingstoke and Deane within the RG21 postal district.
7, Severn Way, Basingstoke has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated March 2022.
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 7 Severn Way Basingstoke as £298,999 and the rental value as £1,364 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 7 Severn Way Basingstoke has decreased by £5,615 (1.9%) and its rental value has increased by £24 per month (1.7%).
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, Severn Way, Basingstoke is in very good condition we estimate a sale value of £313,949 and rental value of £1,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,069 and a rental value of £1,269 per month.
If you were able to purchase this property for the estimated value of £298,999, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,469 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, 7, Severn Way, Basingstoke was last sold on 28 Jul 2023 for £293,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Severn Way, Basingstoke within a radius of 920 metres over the last 2 years.
The most recent example is 12, Duddon Way, Basingstoke, RG21 4DB, a Leasehold house which sold for £302,000 in Dec 2023.
Read more about house prices in RG21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Severn Way, Basingstoke, RG21 has a total of 11 addresses. According to our analysis of all the public data, 7, Severn Way, Basingstoke is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in RG21.
7, Severn Way, Basingstoke has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Severn Way, Basingstoke is Basingstoke station which is 1.2 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, Severn Way, Basingstoke, 37.1% of property is privately owned with a mortgage and 33.1% 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 7, Severn Way, Basingstoke, 19.0% of residents are recorded as possessing school level qualifications and 29.1% 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 7, Severn Way, Basingstoke, the average age was 38.9 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, Severn 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 7, Severn 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.