According to the public record, Flat 5, Cherrydene House 51A, Basingstoke is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cherrydene House, Park Prewett Road, Basingstoke, RG24.
Park Prewett Road, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
Flat 5, Cherrydene House 51A, Basingstoke has 2 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated August 2016.
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 Flat 5 Cherrydene House 51A Basingstoke as £195,004 and the rental value as £1,033 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 5 Cherrydene House 51A Basingstoke has increased by £1,194 (0.6%) and its rental value has increased by £52 per month (5.1%).
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 Flat 5, Cherrydene House 51A, Basingstoke is in very good condition we estimate a sale value of £204,754 and rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,354 and a rental value of £961 per month.
If you were able to purchase this property for the estimated value of £195,004, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £958 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, Flat 5, Cherrydene House 51A, Basingstoke was last sold on 19 May 2021 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Cherrydene House 51A, Basingstoke within a radius of 510 metres over the last 2 years.
The most recent example is Flat 1, Cherrydene House 51A, Park Prewett Road, Basingstoke, RG24 9RG, a Leasehold flat which sold for £185,000 in May 2024.
Read more about house prices in RG24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Prewett Road, Basingstoke, RG24 has a total of 143 addresses. According to our analysis of all the public data, Flat 5, Cherrydene House 51A, Basingstoke is the 68th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in RG24.
Flat 5, Cherrydene House 51A, Basingstoke has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, Cherrydene House 51A, Basingstoke is Basingstoke station which is 2.7 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 Flat 5, Cherrydene House 51A, Basingstoke, 44.3% of property is privately owned with a mortgage and 26.9% 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 Flat 5, Cherrydene House 51A, Basingstoke, 16.4% of residents are recorded as possessing school level qualifications and 45.5% 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 Flat 5, Cherrydene House 51A, 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 Flat 5, Cherrydene House 51A, 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 Flat 5, Cherrydene House 51A, Basingstoke, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.