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Faroe Close is a residential street with 10 addresses.
It ranks as the 118th largest and 80th most expensive of the 525 streets in the RG24 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 10 properties: 10 houses.
Faroe Close is a residential street with 10 addresses.
It ranks as the 118th largest and 80th most expensive of the 525 streets in the RG24 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 10 properties: 10 houses.
Sale prices range from £246,124 for 3 bedroom freehold houses with a garden (871 ft2) to £298,833 for 3 bedroom freehold houses with a garden (947 ft2) .
Monthly rental prices range from £1,221 pcm for 3 bed houses to £1,466 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 6.0%.
The average value per square foot is £281.
The last sale on Faroe Close sold for £250,000 on 26th August 2022. Since then prices are up an average of 0.7%.
The current average value in the street is £267,751.
The Faroe Close Sales Market has increased by 20.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £267,751 |
| May 2025 | 3.4% | £270,090 |
| May 2024 | -1.1% | £261,269 |
| May 2023 | 2.1% | £264,103 |
| May 2022 | 9.6% | £258,559 |
| May 2021 | 4% | £235,885 |
| May 2020 | -1.9% | £226,858 |
| May 2019 | -3% | £231,352 |
| May 2018 | 0.3% | £238,490 |
| May 2017 | 6.9% | £237,677 |
| May 2016 | 12.1% | £222,381 |
| May 2015 | 10.4% | £198,330 |
| May 2014 | 11.1% | £179,623 |
| May 2013 | 2.3% | £161,706 |
| May 2012 | 0.8% | £158,024 |
| May 2011 | 0.5% | £156,763 |
| May 2010 | 5.5% | £156,058 |
| May 2009 | -10.6% | £147,902 |
| May 2008 | -2.2% | £165,383 |
| May 2007 | 0% | £169,150 |
The current average rental value in the street is £1,322.
The Faroe Close Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £1,322pcm |
| May 2025 | 5.9% | £1,282pcm |
| May 2024 | 9.5% | £1,210pcm |
| May 2023 | 11.5% | £1,105pcm |
| May 2022 | 7.3% | £991pcm |
| May 2021 | 3.1% | £924pcm |
| May 2020 | 0.1% | £896pcm |
| May 2019 | -2.1% | £896pcm |
| May 2018 | -1.4% | £915pcm |
| May 2017 | 1.6% | £927pcm |
| May 2016 | 5.8% | £913pcm |
| May 2015 | 6.3% | £863pcm |
| May 2014 | 5% | £812pcm |
| May 2013 | 2.4% | £773pcm |
| May 2012 | 2.3% | £755pcm |
| May 2011 | 2.6% | £738pcm |
| May 2010 | 1% | £720pcm |
| May 2009 | -8.2% | £712pcm |
| May 2008 | 3.5% | £776pcm |
| May 2007 | 0% | £750pcm |
The last sale was on 26th August 2022 for £250,000 and since then the market in the area has increased by 0.7%. The street has had a total of 7 sales since 1995.
Faroe Close, Basingstoke, RG24 has seen no sales in the last three years and no sales in the last twelve months.
Faroe Close, Basingstoke, RG24 is the 118th largest and the 80th most expensive street in the RG24 area.
There are 2 postcodes on Faroe Close, Basingstoke, RG24.
The closest station to Faroe Close, Basingstoke, RG24 is Basingstoke station which is 1.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Faroe Close, Basingstoke, RG24, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Faroe Close, Basingstoke, RG24, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Faroe Close, Basingstoke, RG24, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Faroe Close, Basingstoke, RG24, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.