According to the public record, 8, Rainbow Close, Basingstoke is a mid-century house with 1,388 ft2 of internal area and sits on a 445 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rainbow Close, Old Basing, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
8, Rainbow Close, Basingstoke has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2020.
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 8 Rainbow Close Basingstoke as £512,366 and the rental value as £1,911 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8 Rainbow Close Basingstoke has decreased by £8,845 (1.7%) and its rental value has increased by £50 per month (2.6%).
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, Rainbow Close, Basingstoke is in very good condition we estimate a sale value of £537,984 and rental value of £2,007 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £476,500 and a rental value of £1,777 per month.
If you were able to purchase this property for the estimated value of £512,366, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,518 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, 8, Rainbow Close, Basingstoke sits on a plot of 445m2.
We have plot size data on 5 out of 9 other houses in the postcode and 8, Rainbow Close, Basingstoke sits on the largest plot.
According to HM Land Registry, 8, Rainbow Close, Basingstoke was last sold on 01 Sep 1999 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Rainbow Close, Basingstoke within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 14, Park Avenue, Basingstoke, RG24 7HJ, a Freehold house which sold for £530,000 in Jul 2024.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Close, Old Basing, Basingstoke, RG24 has a total of 9 addresses. According to our analysis of all the public data, 8, Rainbow Close, Basingstoke is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in RG24.
8, Rainbow Close, Basingstoke has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2020.
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, Rainbow Close, Basingstoke is Basingstoke station which is 3.6 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, Rainbow Close, Basingstoke, 57.9% of property is privately owned outright and 31.4% 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, Rainbow Close, Basingstoke, 11.3% of residents are recorded as possessing school level qualifications and 33.7% 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, Rainbow Close, Basingstoke, the average age was 47.1 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, Rainbow Close, Basingstoke, 1.0% 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 8, Rainbow Close, 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.