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Property Price Trends
Meon Road, Oakley, Basingstoke, Basingstoke And Deane, Hampshire
RG23 7AL Basingstoke and Deane District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the RG23 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
RG23

Most Expensive Property
£680,000
15 Freshfields Close, RG23 7GQ
Sold: 13 October 2023

Cheapest Property
£166,680
Island View 40 Shortwood Copse Lane, RG23 7GU
Sold: 18 October 2022

£352,000
The average house price in Basingstoke and Deane was £352,000 in November 2024 (provisional), up 2.3% from November 2023. This was higher than the rise in the South East (1.4%) over the same period.
£1,242
Private rents rose to an average of £1,242 in December 2024, an annual increase of 10.6% from £1,123 in December 2023. This was higher than the rise in the South East (7.9%) over the year.
£276,000
The average price paid by first-time buyers was £276,000 in November 2024 (provisional). This was 3.0% higher than the average of £268,000 in November 2023 (revised).
£360,000
For homes bought with a mortgage, the average house price was £360,000 in November 2024 (provisional). This was 2.4% higher than the average of £352,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Basingstoke and Deane, E07000084). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in RG23 7AL?
The graph below shows the five-year capital growth figures for properties for the RG23 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in RG23 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Hampshire?
For Homebuyers:
The property market in Hampshire has seen a steady increase in house prices over the past few years, with the average house price currently standing at around £350,000. Popular areas for homebuyers include Winchester (SO22 postcode) and Southampton (SO15 postcode), where prices tend to be higher due to the demand for housing in these areas. Availability of properties in Hampshire varies, with a mix of new developments and traditional homes on the market. The stock of properties available is generally in line with demand, although certain areas may have limited availability leading to increased competition among buyers.Overall, Hampshire continues to be a popular choice for homebuyers looking for a mix of urban and rural living, with good transport links to London and other key cities in the South East.
For Renters:
Rent prices in Hampshire have been on the rise, with the average monthly rent for a 2-bedroom property currently standing at around £1,200. Popular rental areas include Portsmouth (PO5 postcode) and Basingstoke (RG24 postcode), where demand for rental properties is high due to the presence of major employers in these areas.Availability of rental properties in Hampshire can vary depending on the area, with some areas experiencing higher demand than others. However, overall, there is a good selection of rental properties available to cater to different budgets and preferences.For renters looking for a vibrant community with access to amenities and good transport links, Hampshire offers a variety of options to suit different lifestyles.
For Investors:
Hampshire remains an attractive option for property investors, with the potential for rental yields and capital growth. The rental market in Hampshire is strong, with a high demand for properties from students, professionals, and families alike.Key areas for property investment in Hampshire include Southampton (SO14 postcode) and Eastleigh (SO50 postcode), where rental yields are typically higher due to the demand for rental properties in these areas.Availability of investment properties in Hampshire is generally good, with a mix of buy-to-let opportunities and properties suitable for renovation or development. With its strong rental market and potential for capital growth, Hampshire offers a solid investment opportunity for investors looking to expand their property portfolio.
For Homebuyers:
The property market in Hampshire has seen a steady increase in house prices over the past few years, with the average house price currently standing at around £350,000. Popular areas for homebuyers include Winchester (SO22 postcode) and Southampton (SO15 postcode), where prices tend to be higher due to the demand for housing in these areas. Availability of properties in Hampshire varies, with a mix of new developments and traditional homes on the market. The stock of properties available is generally in line with demand, although certain areas may have limited availability leading to increased competition among buyers.Overall, Hampshire continues to be a popular choice for homebuyers looking for a mix of urban and rural living, with good transport links to London and other key cities in the South East.


For Renters:
Rent prices in Hampshire have been on the rise, with the average monthly rent for a 2-bedroom property currently standing at around £1,200. Popular rental areas include Portsmouth (PO5 postcode) and Basingstoke (RG24 postcode), where demand for rental properties is high due to the presence of major employers in these areas.Availability of rental properties in Hampshire can vary depending on the area, with some areas experiencing higher demand than others. However, overall, there is a good selection of rental properties available to cater to different budgets and preferences.For renters looking for a vibrant community with access to amenities and good transport links, Hampshire offers a variety of options to suit different lifestyles.
For Investors:
Hampshire remains an attractive option for property investors, with the potential for rental yields and capital growth. The rental market in Hampshire is strong, with a high demand for properties from students, professionals, and families alike.Key areas for property investment in Hampshire include Southampton (SO14 postcode) and Eastleigh (SO50 postcode), where rental yields are typically higher due to the demand for rental properties in these areas.Availability of investment properties in Hampshire is generally good, with a mix of buy-to-let opportunities and properties suitable for renovation or development. With its strong rental market and potential for capital growth, Hampshire offers a solid investment opportunity for investors looking to expand their property portfolio.

Last updated on 31 Jul 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for RG23 7AL
Estimated yield for property investors
2.69%
Yield
The estimated yield for the RG23 7AL postcode area is 2.69%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in RG23 7AL?
The recently sold properties table lists homes around RG23 7AL that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
Date | Price | Property Address | Property Type | Estate Type |
---|---|---|---|---|
06 February 2024 | £395,000 | 6 Severn Gardens, Oakley, Basingstoke, RG23 7AT | Terraced | Freehold |
24 February 2023 | £460,000 | 70 Lightsfield, Oakley, Basingstoke, RG23 7BY | Detached | Freehold |
05 March 2024 | £405,000 | 3 Medway Avenue, Oakley, Basingstoke, RG23 7DP | Detached | Freehold |
13 December 2023 | £495,000 | 11 Avon Road, Oakley, Basingstoke, RG23 7DW | Semi-Detached | Freehold |
26 October 2023 | £535,000 | 11 Longwood Copse Lane, Beggarwood, Basingstoke, RG23 7FD | Detached | Freehold |
28 February 2024 | £380,000 | 56 Saunders Way, Basingstoke, RG23 7FG | Semi-Detached | Freehold |
10 March 2023 | £316,000 | 18 Orchid Road, Basingstoke, RG23 7FR | Terraced | Freehold |
13 October 2023 | £680,000 | 15 Freshfields Close, Basingstoke, RG23 7GQ | Detached | Freehold |
18 October 2022 | £166,680 | Island View 40 Shortwood Copse Lane, Basingstoke, RG23 7GU | Flat/Maisonette | Leasehold |
22 August 2022 | £425,000 | 1 The Wethers, Basingstoke, RG23 7GX | Terraced | Freehold |
14 December 2023 | £535,000 | 42 Andover Road, Newfound, Basingstoke, RG23 7HH | Semi-Detached | Freehold |
29 February 2024 | £215,000 | 45 Water Ridges, Oakley, Basingstoke, RG23 7HX | Flat/Maisonette | Leasehold |
07 March 2024 | £365,000 | 29 St Johns Road, Oakley, Basingstoke, RG23 7JW | Detached | Freehold |
24 August 2022 | £350,000 | 5 Quonset Avenue, Basingstoke, RG23 7PE | Semi-Detached | Freehold |
30 September 2022 | £435,000 | 13 Quonset Avenue, Basingstoke, RG23 7PE | Terraced | Freehold |
30 September 2022 | £425,000 | 9 Quonset Avenue, Basingstoke, RG23 7PE | Terraced | Freehold |
18 December 2023 | £307,000 | 5 Roman Road, Basingstoke, RG23 8EP | Terraced | Freehold |
16 February 2024 | £385,000 | 9 Wykeham Drive, Basingstoke, RG23 8HP | Detached | Freehold |
07 December 2023 | £360,000 | 18 Carbonel Close, Basingstoke, RG23 8HR | Detached | Freehold |
10 November 2023 | £390,000 | 6 Kenilworth Road, Winklebury, Basingstoke, RG23 8JA | Detached | Freehold |
Please note that house prices for properties sold in and around RG23 7AL during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated