The Vale - RG23 7LB
Key Postcode Insights
RG23 7LB is a residential postcode situated on The Vale, Oakley, Basingstoke, RG23 with 28 addresses.
It ranks as the 298th largest and 312th most expensive of the 391 postcodes in the RG23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £520,771
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £2,276pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £333/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
RG23 7LB is a residential postcode situated on The Vale, Oakley, Basingstoke, RG23 with 28 addresses.
It ranks as the 298th largest and 312th most expensive of the 391 postcodes in the RG23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £520,771
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £2,276pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £333/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin RG23 7LB
- 1 The Vale
House
- 2 The Vale
House
- 5 The Vale
4 Bed Mid-century House
- 6 The Vale
5 Bed Mid-century House
- 7 The Vale
4 Bed Mid-century House
Sales Market Trends
The last sale in RG23 7LB sold for £525,000 on 21st March 2025. Since then prices are down an average of 1.9%.
The current average value in the postcode is £520,771.
The RG23 7LB Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £520,771 |
| June 2025 | 1.4% | £531,743 |
| June 2024 | -2.4% | £524,295 |
| June 2023 | 2.4% | £537,103 |
| June 2022 | 9.8% | £524,613 |
| June 2021 | 4.6% | £477,765 |
| June 2020 | 1.5% | £456,748 |
| June 2019 | -1.1% | £449,985 |
| June 2018 | 2.6% | £454,914 |
| June 2017 | 5.6% | £443,353 |
| June 2016 | 12.3% | £419,805 |
| June 2015 | 7.9% | £373,895 |
| June 2014 | 5.8% | £346,646 |
| June 2013 | 3.2% | £327,558 |
| June 2012 | 4.5% | £317,381 |
| June 2011 | -2.6% | £303,797 |
| June 2010 | 12.7% | £311,877 |
| June 2009 | -10.3% | £276,723 |
| June 2008 | -0.9% | £308,456 |
| June 2007 | 0% | £311,184 |
Rental Market Trends
The current average rental value in the postcode is £2,276.
The RG23 7LB Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £2,276pcm |
| June 2025 | 4.7% | £2,217pcm |
| June 2024 | 6.7% | £2,117pcm |
| June 2023 | 11.2% | £1,985pcm |
| June 2022 | 7.4% | £1,784pcm |
| June 2021 | 7.3% | £1,662pcm |
| June 2020 | -0.2% | £1,548pcm |
| June 2019 | 0.3% | £1,551pcm |
| June 2018 | -0.9% | £1,546pcm |
| June 2017 | 3% | £1,559pcm |
| June 2016 | 3.4% | £1,514pcm |
| June 2015 | 3.2% | £1,464pcm |
| June 2014 | 2.8% | £1,418pcm |
| June 2013 | 2.6% | £1,379pcm |
| June 2012 | 2.9% | £1,344pcm |
| June 2011 | 3.7% | £1,306pcm |
| June 2010 | 5.6% | £1,260pcm |
| June 2009 | -7.8% | £1,193pcm |
| June 2008 | 2.3% | £1,294pcm |
| June 2007 | 0% | £1,265pcm |
Sales History
The last sale was on 21st March 2025 for £525,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 20 sales since 1995.
RG23 7LB has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£525,000 | 4 Bed House7, The Vale, Basingstoke, RG23 7LB7, The Vale, Basingstoke, RG23 7LB
- Sold Aug 2024£445,000 | 4 Bed House28, The Vale, Basingstoke, RG23 7LB28, The Vale, Basingstoke, RG23 7LB
- Sold Jun 2023£425,000 | 3 Bed House18, The Vale, Basingstoke, RG23 7LB18, The Vale, Basingstoke, RG23 7LB
- Sold Jan 2014£280,000 | 5 Bed House23, The Vale, Basingstoke, RG23 7LB23, The Vale, Basingstoke, RG23 7LB
- Sold May 2013£400,000 | 4 Bed House13, The Vale, Basingstoke, RG23 7LB13, The Vale, Basingstoke, RG23 7LB
Nearby Postcodes
RG23 7LB is the 298th largest and the 312th most expensive postcode out of the 391 postcodes in the RG23 area.
- RG23 7AR, Stour Road, Oakley, Basingstoke, RG23RG23 7AR16 Addresses|117 m away
- RG23 7JY, Oakley Lane, Oakley, Basingstoke, RG23RG23 7JY7 Addresses|126 m away
- RG23 7LD, The Vale, Oakley, Basingstoke, RG23RG23 7LD39 Addresses|130 m away
- RG23 7AP, Kennet Way, Oakley, Basingstoke, RG23RG23 7AP5 Addresses|134 m away
- RG23 7JS, Litton Gardens, Oakley, Basingstoke, RG23RG23 7JS9 Addresses|135 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 16 other addresses of unknown type
- mid-century house (10)
- house (2)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Mar 2025£525,000 | 4 Bed House7, The Vale, Basingstoke, RG23 7LB7, The Vale, Basingstoke, RG23 7LB
- Sold May 2023£490,000 | 4 Bed House31, The Vale, Basingstoke, RG23 7LD31, The Vale, Basingstoke, RG23 7LD
- Sold Sep 2018£487,500 | 4 Bed House40, The Vale, Basingstoke, RG23 7LD40, The Vale, Basingstoke, RG23 7LD
Schools Nearby
- Oakley Church of England Junior School200 m away
- Oakley Infant School300 m away
- Hounsome Fields Primary School2.8 km away
- Bishop Challoner Catholic Secondary School3.9 km away
- The Blue Coat School Basingstoke4.4 km away
- Brighton Hill Community School4.4 km away
More reading links
Public Transport Nearby
The closest station to RG23 7LB is Overton station, which is 5.8 kilometres away.
- Overton|5.8 km away
- Basingstoke|6.6 km away
- Micheldever|9.4 km away
- Whitchurch (Hampshire)|11.3 km away
