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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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According to the public record, 7, Melrose Walk, Basingstoke is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 506 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Melrose Walk, Basingstoke is £78,621 and the estimated rental value is £495 per month.
The apartment is within 7, Melrose Walk, Basingstoke, RG24.
Melrose Walk, Basingstoke, RG24 is located in the borough of Basingstoke and Deane within the RG24 postal district.
7, Melrose Walk, Basingstoke has a single entry in the Land Registry from December 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Melrose Walk, Basingstoke is in very good condition we estimate a sale value of £82,552 and a rental value of £520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,118 and a rental value of £461 per month.
Over the last 12 months the sale value of 7 Melrose Walk Basingstoke has increased by an estimated £147 (0.2%) and its rental value has increased by an estimated £11 per month (2.2%), giving an expected gross yield of 7.6%.
According to HM Land Registry, 7, Melrose Walk, Basingstoke was last sold on 8th December 2017 for £142,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has risen 106.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Melrose Walk, Basingstoke within a radius of 550 metres over the last 2 years.
The most recent example is 45, Melrose Walk, Basingstoke, RG24 9HH, a leasehold flat which sold for £105,000 on the 18th June 2012.
Read more about house prices in RG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Walk, Basingstoke, RG24 has a total of 142 addresses. According to our analysis of all the public data, 7, Melrose Walk, Basingstoke is the 133rd largest and the 141st most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in RG24.
The closest station to 7, Melrose Walk, Basingstoke is Basingstoke station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Melrose Walk, Basingstoke, 53.3% of property is socially rented and 19.1% 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 7, Melrose Walk, Basingstoke, 21.4% of residents are recorded as possessing school level qualifications and 25.4% 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 7, Melrose Walk, Basingstoke, the average age was 34.4 and the most common age was 32.
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 7, Melrose Walk, Basingstoke, 0.8% 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 7, Melrose Walk, Basingstoke, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
