Oaklands Way - RG23 8LU
Key Postcode Insights
RG23 8LU is a residential postcode situated on Oaklands Way, Basingstoke, RG23 with 19 addresses.
It ranks as the 237th largest and 162nd 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 19 properties: 19 houses.
- Ave. Sale Price
- £406,086
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,709pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £403/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
RG23 8LU is a residential postcode situated on Oaklands Way, Basingstoke, RG23 with 19 addresses.
It ranks as the 237th largest and 162nd 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 19 properties: 19 houses.
- Ave. Sale Price
- £406,086
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,709pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £403/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin RG23 8LU
- 1 Oaklands Way
Unknown
- 3 Oaklands Way
3 Bed Mid-century House
- 5 Oaklands Way
Unknown
- 7 Oaklands Way
4 Bed Mid-century House
- 9 Oaklands Way
Unknown
Sales Market Trends
The last sale in RG23 8LU sold for £360,500 on 7th October 2024. Since then prices have on average remained the same.
The current average value in the postcode is £406,086.
The RG23 8LU Sales Market has increased by 18.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £406,086 |
| June 2025 | 2.8% | £411,003 |
| June 2024 | -1.6% | £399,798 |
| June 2023 | 1% | £406,308 |
| June 2022 | 8.9% | £402,446 |
| June 2021 | 3.6% | £369,661 |
| June 2020 | 0.8% | £356,982 |
| June 2019 | -3% | £353,978 |
| June 2018 | 0.6% | £364,844 |
| June 2017 | 5.8% | £362,658 |
| June 2016 | 12.5% | £342,822 |
| June 2015 | 9.3% | £304,609 |
| June 2014 | 9.1% | £278,734 |
| June 2013 | 3.3% | £255,535 |
| June 2012 | 2.4% | £247,437 |
| June 2011 | -1.8% | £241,622 |
| June 2010 | 12% | £246,115 |
| June 2009 | -12.7% | £219,782 |
| June 2008 | -2.9% | £251,880 |
| June 2007 | 0% | £259,472 |
Rental Market Trends
The current average rental value in the postcode is £1,709.
The RG23 8LU Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,709pcm |
| June 2025 | 5.1% | £1,654pcm |
| June 2024 | 7.6% | £1,574pcm |
| June 2023 | 11.8% | £1,463pcm |
| June 2022 | 7.6% | £1,309pcm |
| June 2021 | 5% | £1,217pcm |
| June 2020 | -0.3% | £1,158pcm |
| June 2019 | -0.8% | £1,162pcm |
| June 2018 | -0.7% | £1,171pcm |
| June 2017 | 2% | £1,180pcm |
| June 2016 | 4.1% | £1,157pcm |
| June 2015 | 4.7% | £1,111pcm |
| June 2014 | 3.8% | £1,061pcm |
| June 2013 | 2.8% | £1,022pcm |
| June 2012 | 2.9% | £994pcm |
| June 2011 | 3% | £966pcm |
| June 2010 | 4.3% | £938pcm |
| June 2009 | -9.1% | £899pcm |
| June 2008 | 2.6% | £989pcm |
| June 2007 | 0% | £964pcm |
Sales History
The last sale was on 7th October 2024 for £360,500 and since then the market in the area has remained stable. The postcode has had a total of 16 sales since 1995.
RG23 8LU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2024£360,500 | 3 Bed House25, Oaklands Way, Basingstoke, RG23 8LU25, Oaklands Way, Basingstoke, RG23 8LU
- Sold Sep 2022£270,000 | 3 Bed House3, Oaklands Way, Basingstoke, RG23 8LU3, Oaklands Way, Basingstoke, RG23 8LU
- Sold Mar 2022£370,000 | 3 Bed House27, Oaklands Way, Basingstoke, RG23 8LU27, Oaklands Way, Basingstoke, RG23 8LU
- Sold Jun 2021£385,000 | 3 Bed House23, Oaklands Way, Basingstoke, RG23 8LU23, Oaklands Way, Basingstoke, RG23 8LU
- Sold Jun 2019£301,000 | 3 Bed House23, Oaklands Way, Basingstoke, RG23 8LU23, Oaklands Way, Basingstoke, RG23 8LU
Nearby Postcodes
RG23 8LU is the 237th largest and the 162nd most expensive postcode out of the 391 postcodes in the RG23 area.
- RG23 8LX, Oaklands Way, Basingstoke, RG23RG23 8LX4 Addresses|35 m away
- RG23 8HQ, Arundel Gardens, Basingstoke, RG23RG23 8HQ32 Addresses|52 m away
- RG23 8LT, Oaklands Way, Basingstoke, RG23RG23 8LT5 Addresses|73 m away
- RG23 8LY, Oaklands Way, Basingstoke, RG23RG23 8LY6 Addresses|101 m away
- RG23 8HG, Roman Road, Basingstoke, RG23RG23 8HG19 Addresses|104 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century house (9)
- house (1)
- early-century house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (1)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Jan 2022£435,000 | 4 Bed House20, Oaklands Way, Basingstoke, RG23 8LY20, Oaklands Way, Basingstoke, RG23 8LY
- Sold Oct 2019£405,000 | 4 Bed House2, Oaklands Way, Basingstoke, RG23 8LT2, Oaklands Way, Basingstoke, RG23 8LT
- Sold Jul 2022£385,000 | 3 Bed House43, Oaklands Way, Basingstoke, RG23 8LZ43, Oaklands Way, Basingstoke, RG23 8LZ
Schools Nearby
- Castle Hill Infant School700 m away
- Castle Hill Primary School700 m away
- Winklebury Infant School800 m away
- Bishop Challoner Catholic Secondary School2.0 km away
- Everest Community Academy2.4 km away
- The Blue Coat School Basingstoke2.4 km away
More reading links
Public Transport Nearby
The closest station to RG23 8LU is Basingstoke station, which is 2.8 kilometres away.
- Basingstoke|2.8 km away
- Bramley (Hampshire)|7.7 km away
- Overton|9.6 km away
- Hook|11.4 km away
