According to the public record, 8 Fairthorne House, Basingstoke is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fairthorne House, Bolton Crescent, Basingstoke, RG22.
Bolton Crescent, Basingstoke, RG22 is located in the borough of Basingstoke and Deane within the RG22 postal district.
8 Fairthorne House, Basingstoke has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated July 2021.
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 8 Fairthorne House Basingstoke as £183,964 and the rental value as £1,010 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 8 Fairthorne House Basingstoke has increased by £2,844 (1.5%) and its rental value has increased by £55 per month (5.5%).
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 8 Fairthorne House, Basingstoke is in very good condition we estimate a sale value of £193,163 and rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,087 and a rental value of £939 per month.
If you were able to purchase this property for the estimated value of £183,964, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £904 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, 8 Fairthorne House, Basingstoke was last sold on 16 Jun 2023 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Fairthorne House, Basingstoke within a radius of 590 metres over the last 2 years.
The most recent example is 3, St. Andrews Road, Basingstoke, RG22 6PS, a Leasehold flat which sold for £209,000 in Mar 2023.
Read more about house prices in RG22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bolton Crescent, Basingstoke, RG22 has a total of 86 addresses. According to our analysis of all the public data, 8 Fairthorne House, Basingstoke is the 56th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in RG22.
8 Fairthorne House, Basingstoke has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2021.
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 8 Fairthorne House, Basingstoke is Basingstoke station which is 1.8 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 8 Fairthorne House, Basingstoke, 46.0% of property is socially rented and 24.2% 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 8 Fairthorne House, Basingstoke, 23.3% of residents are recorded as possessing school level qualifications and 21.0% 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 8 Fairthorne House, Basingstoke, the average age was 40.5 and the most common age was 57.
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 8 Fairthorne House, 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 8 Fairthorne 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.