Elmwood Way - RG23 8LG
Key Postcode Insights
RG23 8LG is a residential postcode situated on Elmwood Way, Basingstoke, RG23 with 32 addresses.
It ranks as the 324th largest of the 391 postcodes in the RG23 area.
The postcode contains a total of 32 properties: 17 houses and 15 other properties.
- Ave. Sale Price
- £387,769
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,689pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £366/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
RG23 8LG is a residential postcode situated on Elmwood Way, Basingstoke, RG23 with 32 addresses.
It ranks as the 324th largest of the 391 postcodes in the RG23 area.
The postcode contains a total of 32 properties: 17 houses and 15 other properties.
- Ave. Sale Price
- £387,769
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,689pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £366/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Properties in RG23 8LG
- 2 Elmwood Way
4 Bed Mid-century House
- 4 Elmwood Way
House
- 6 Elmwood Way
4 Bed Mid-century House
- 8 Elmwood Way
House
- 10 Elmwood Way
3 Bed Mid-century House
Sales Market Trends
The last sale in RG23 8LG sold for £442,000 on 31st January 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £387,769.
The RG23 8LG Sales Market has increased by 18.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £387,769 |
| June 2025 | 3.1% | £392,863 |
| June 2024 | -1.2% | £381,222 |
| June 2023 | 0.8% | £385,825 |
| June 2022 | 9% | £382,584 |
| June 2021 | 3.3% | £351,147 |
| June 2020 | 0.9% | £340,022 |
| June 2019 | -3.2% | £337,035 |
| June 2018 | 0.5% | £348,276 |
| June 2017 | 5.9% | £346,547 |
| June 2016 | 13.2% | £327,169 |
| June 2015 | 9.4% | £289,048 |
| June 2014 | 9.4% | £264,192 |
| June 2013 | 3.4% | £241,597 |
| June 2012 | 2.3% | £233,665 |
| June 2011 | -2.1% | £228,374 |
| June 2010 | 10.9% | £233,241 |
| June 2009 | -12.5% | £210,247 |
| June 2008 | -2.9% | £240,322 |
| June 2007 | 0% | £247,445 |
Rental Market Trends
The current average rental value in the postcode is £1,689.
The RG23 8LG Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,689pcm |
| June 2025 | 5.3% | £1,636pcm |
| June 2024 | 8% | £1,553pcm |
| June 2023 | 11.6% | £1,437pcm |
| June 2022 | 7.6% | £1,287pcm |
| June 2021 | 4.7% | £1,196pcm |
| June 2020 | -0.3% | £1,142pcm |
| June 2019 | -1.1% | £1,145pcm |
| June 2018 | -0.8% | £1,157pcm |
| June 2017 | 2.1% | £1,166pcm |
| June 2016 | 4.7% | £1,142pcm |
| June 2015 | 4.8% | £1,091pcm |
| June 2014 | 4.1% | £1,041pcm |
| June 2013 | 2.9% | £1,000pcm |
| June 2012 | 2.8% | £971pcm |
| June 2011 | 2.8% | £945pcm |
| June 2010 | 3.4% | £920pcm |
| June 2009 | -8.8% | £890pcm |
| June 2008 | 2.6% | £976pcm |
| June 2007 | 0% | £951pcm |
Sales History
The last recorded sale was on 31st January 2025 for £442,000 and since then the market in the area has decreased by 0.2%.
RG23 8LG has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Jan 2025£442,000 | 4 Bed House27, Elmwood Way, Basingstoke, RG23 8LG27, Elmwood Way, Basingstoke, RG23 8LG
- Sold Jan 2024£370,000 | 3 Bed House24, Elmwood Way, Basingstoke, RG23 8LG24, Elmwood Way, Basingstoke, RG23 8LG
- Sold Feb 2022£437,000 | 4 Bed House25, Elmwood Way, Basingstoke, RG23 8LG25, Elmwood Way, Basingstoke, RG23 8LG
Nearby Postcodes
RG23 8LG is the 324th largest and the 146th most expensive postcode out of the 391 postcodes in the RG23 area.
- RG23 8DW, Napoleon Drive, Basingstoke, RG23RG23 8DW9 Addresses|76 m away
- RG23 8LN, Willow Way, Basingstoke, RG23RG23 8LN8 Addresses|88 m away
- RG23 8HJ, Wellington Terrace, Basingstoke, RG23RG23 8HJ14 Addresses|102 m away
- RG23 8NJ, Hawthorn Way, Basingstoke, RG23RG23 8NJ18 Addresses|102 m away
- RG23 8LF, The Close, Basingstoke, RG23RG23 8LF3 Addresses|103 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (6)
- G (0)
- D (7)
- No EPC (17)
Top 3 Most Expensive Sales
- Sold Jun 2025£564,000 | 4 Bed House116, Elmwood Way, Basingstoke, RG23 8LQ116, Elmwood Way, Basingstoke, RG23 8LQ
- Sold Sep 2022£525,000 | 4 Bed House116, Elmwood Way, Basingstoke, RG23 8LQ116, Elmwood Way, Basingstoke, RG23 8LQ
- Sold Aug 2023£442,300 | 4 Bed House84, Elmwood Way, Basingstoke, RG23 8LQ84, Elmwood Way, Basingstoke, RG23 8LQ
Schools Nearby
- Winklebury Junior School500 m away
- Winklebury Infant School500 m away
- Castle Hill Infant School900 m away
- Everest Community Academy1.9 km away
- Bishop Challoner Catholic Secondary School2.0 km away
- The Vyne Community School2.0 km away
More reading links
Public Transport Nearby
The closest station to RG23 8LG is Basingstoke station, which is 2.3 kilometres away.
- Basingstoke|2.3 km away
- Bramley (Hampshire)|7.4 km away
- Overton|10.1 km away
- Hook|10.9 km away
