According to the public record, 2B, Watertower Way, Basingstoke is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Watertower Way, Basingstoke, RG24.
Watertower Way, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
2B, Watertower Way, Basingstoke has a single entry in the Land Registry database from September 2011 and a single entry in the EPC database dated June 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 2B Watertower Way Basingstoke as £317,001 and the rental value as £1,401 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 2B Watertower Way Basingstoke has increased by £5,385 (1.7%) and its rental value has increased by £88 per month (6.3%).
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 2B, Watertower Way, Basingstoke is in very good condition we estimate a sale value of £332,851 and rental value of £1,471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,811 and a rental value of £1,303 per month.
If you were able to purchase this property for the estimated value of £317,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,558 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, 2B, Watertower Way, Basingstoke was last sold on 27 Sep 2011 for £160,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2011, the market for similar properties has risen 45.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Watertower Way, Basingstoke within a radius of 480 metres over the last 2 years.
The most recent example is 54, Watertower Way, Basingstoke, RG24 9RF, a Leasehold flat which sold for £248,000 in Mar 2022.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watertower Way, Basingstoke, RG24 has a total of 93 addresses. According to our analysis of all the public data, 2B, Watertower Way, Basingstoke is the 38th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in RG24.
2B, Watertower Way, Basingstoke has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 2B, Watertower Way, Basingstoke is Basingstoke station which is 2.6 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 2B, Watertower Way, Basingstoke, 49.6% of property is privately rented and 39.7% 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 2B, Watertower Way, Basingstoke, 15.9% of residents are recorded as possessing school level qualifications and 51.0% 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 2B, Watertower Way, 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 2B, Watertower Way, Basingstoke, 0.3% 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 2B, Watertower 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.