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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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37, Milkingpen Lane, Basingstoke is recorded publicly as a mid-century freehold house across 1,851 ft2 of internal area, sitting on a 671 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 37, Milkingpen Lane, Basingstoke is £613,573 and its rental estimate is £2,493 per month, given the available information and assuming reasonable condition.
Milkingpen Lane, Old Basing, Basingstoke, RG24 falls within the RG24 postal district, in the borough of Basingstoke and Deane.
37, Milkingpen Lane, Basingstoke has 21 entries in the Land Registry , most recently in November 2016 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 37, Milkingpen Lane, Basingstoke, we estimate a market value of £644,252 and a rental value of £2,617 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £570,623 and £2,318 per month respectively.
Over the last year, 37, Milkingpen Lane, Basingstoke has seen its estimated sale value decline by £7,029 (1.1%) and its estimated rental value climb by £73 per month (2.9%). This results in an estimated gross rental yield of 4.9%.
HM Land Registry records the plot of land for 37, Milkingpen Lane, Basingstoke as measuring 671 m2.
That makes it the 2nd largest plot in the postcode, where 6 of the 10 other houses have recorded plot data.
37, Milkingpen Lane, Basingstoke has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 37, Milkingpen Lane, Basingstoke completed on 11th November 2016 at £445,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.2% over the period since November 2016.
Over the past 2 years 3 properties similar to 37, Milkingpen Lane, Basingstoke have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th April 2021, was 1, Apple Way, Basingstoke, RG24 7HA, a freehold house which sold for £480,000.
Read more about house prices in RG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 61 addresses on Milkingpen Lane, Old Basing, Basingstoke, RG24, 37, Milkingpen Lane, Basingstoke comes out as the 16th largest and the 28th most expensive in our analysis of the public data.
It is also £250k more expensive than the average property across the RG24 district.
From 37, Milkingpen Lane, Basingstoke, the nearest station is Basingstoke, 3.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 37, Milkingpen Lane, Basingstoke, 54.2% of property is privately owned outright and 36.6% is privately owned with a mortgage.
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 37, Milkingpen Lane, Basingstoke, 19.3% of residents are recorded as possessing school level qualifications and 55.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 37, Milkingpen Lane, Basingstoke, the average age was 47.1 and the most common age was 57.
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 37, Milkingpen Lane, Basingstoke, 2.1% 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 37, Milkingpen Lane, Basingstoke, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
