Elmwood Way - RG23 8LJ
Key Postcode Insights
RG23 8LJ is a residential postcode situated on Elmwood Way, Basingstoke, RG23 with 39 addresses.
It ranks as the 356th largest and 174th 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 39 properties: 39 houses.
- Ave. Sale Price
- £389,611
- 10 Year change
- up 18.2%
- Ave. Rental Price
- £1,655pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
RG23 8LJ is a residential postcode situated on Elmwood Way, Basingstoke, RG23 with 39 addresses.
It ranks as the 356th largest and 174th 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 39 properties: 39 houses.
- Ave. Sale Price
- £389,611
- 10 Year change
- up 18.2%
- Ave. Rental Price
- £1,655pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin RG23 8LJ
- 39 Elmwood Way
2 Bed Mid-century House
- 41 Elmwood Way
House
- 43 Elmwood Way
5 Bed Mid-century House
- 45 Elmwood Way
3 Bed Mid-century House
- 47 Elmwood Way
House
Sales Market Trends
The last sale in RG23 8LJ sold for £420,000 on 19th September 2025. Since then prices are down an average of 2.6%.
The current average value in the postcode is £389,611.
The RG23 8LJ Sales Market has increased by 18.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £389,611 |
| June 2025 | 2.8% | £395,452 |
| June 2024 | -1.5% | £384,671 |
| June 2023 | 0.9% | £390,682 |
| June 2022 | 8.9% | £387,087 |
| June 2021 | 3.6% | £355,544 |
| June 2020 | 0.9% | £343,312 |
| June 2019 | -3% | £340,283 |
| June 2018 | 0.6% | £350,787 |
| June 2017 | 5.8% | £348,791 |
| June 2016 | 12.6% | £329,605 |
| June 2015 | 9.2% | £292,670 |
| June 2014 | 9.1% | £267,949 |
| June 2013 | 3.3% | £245,614 |
| June 2012 | 2.3% | £237,782 |
| June 2011 | -1.8% | £232,356 |
| June 2010 | 11.8% | £236,682 |
| June 2009 | -12.5% | £211,661 |
| June 2008 | -3% | £241,956 |
| June 2007 | 0% | £249,490 |
Rental Market Trends
The current average rental value in the postcode is £1,655.
The RG23 8LJ Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,655pcm |
| June 2025 | 5.1% | £1,606pcm |
| June 2024 | 7.7% | £1,528pcm |
| June 2023 | 11.7% | £1,419pcm |
| June 2022 | 7.6% | £1,270pcm |
| June 2021 | 5% | £1,181pcm |
| June 2020 | -0.3% | £1,124pcm |
| June 2019 | -0.8% | £1,127pcm |
| June 2018 | -0.7% | £1,136pcm |
| June 2017 | 2% | £1,145pcm |
| June 2016 | 4.2% | £1,122pcm |
| June 2015 | 4.6% | £1,077pcm |
| June 2014 | 3.9% | £1,029pcm |
| June 2013 | 2.8% | £991pcm |
| June 2012 | 2.8% | £964pcm |
| June 2011 | 3% | £938pcm |
| June 2010 | 4.2% | £910pcm |
| June 2009 | -8.8% | £873pcm |
| June 2008 | 2.5% | £958pcm |
| June 2007 | 0% | £935pcm |
Sales History
The last sale was on 19th September 2025 for £420,000 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 45 sales since 1995.
RG23 8LJ has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£420,000 | 3 Bed House115, Elmwood Way, Basingstoke, RG23 8LJ115, Elmwood Way, Basingstoke, RG23 8LJ
- Sold May 2025£435,000 | 3 Bed House105, Elmwood Way, Basingstoke, RG23 8LJ105, Elmwood Way, Basingstoke, RG23 8LJ
- Sold Feb 2025£317,000 | 3 Bed House85, Elmwood Way, Basingstoke, RG23 8LJ85, Elmwood Way, Basingstoke, RG23 8LJ
- Sold Jul 2024£430,000 | 3 Bed House119, Elmwood Way, Basingstoke, RG23 8LJ119, Elmwood Way, Basingstoke, RG23 8LJ
- Sold Jun 2024£425,000 | 4 Bed House117, Elmwood Way, Basingstoke, RG23 8LJ117, Elmwood Way, Basingstoke, RG23 8LJ
Nearby Postcodes
RG23 8LJ is the 356th largest and the 174th most expensive postcode out of the 391 postcodes in the RG23 area.
- RG23 8LQ, Elmwood Way, Basingstoke, RG23RG23 8LQ38 Addresses|37 m away
- RG23 8LL, Elmwood Parade, Basingstoke, RG23RG23 8LL9 Addresses|58 m away
- RG23 8LS, Beech Way, Basingstoke, RG23RG23 8LS22 Addresses|92 m away
- RG23 8NQ, Hawthorn Way, Basingstoke, RG23RG23 8NQ26 Addresses|100 m away
- RG23 8LP, Beech Way, Basingstoke, RG23RG23 8LP19 Addresses|112 m away
Property Types
- 24 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 14 other addresses of unknown type
- mid-century house (24)
- house (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (6)
- G (0)
- D (16)
- No EPC (15)
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 Infant School600 m away
- Winklebury Junior School600 m away
- Castle Hill Infant School600 m away
- Bishop Challoner Catholic Secondary School1.9 km away
- Everest Community Academy2.3 km away
- The Blue Coat School Basingstoke2.3 km away
More reading links
Public Transport Nearby
The closest station to RG23 8LJ is Basingstoke station, which is 2.5 kilometres away.
- Basingstoke|2.5 km away
- Bramley (Hampshire)|7.6 km away
- Overton|9.8 km away
- Hook|11.2 km away
