1, RAINHAM CLOSE, BASINGSTOKE, RG22 5HA - £505,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 RAINHAM CLOSE is a detached house, which could now be worth an estimated £623,838. It was last sold for £505,000 in May 2017, which was around 4% below the average May 2017 detached price in the Basingstoke and Deane local authority area.

1 RAINHAM CLOSE Sold Prices

Land registry data shows two sales for 1 RAINHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two 1 RAINHAM CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 18 MAY	£505,000	£528,201	4% below HPI
2009 21 SEP	£341,750	£344,621	1% below HPI

What might 1 RAINHAM CLOSE be worth now?

1 RAINHAM CLOSE might now be worth an estimated £623,838.

This is based on house price inflation of 23.5%, between May 2017 and May 2026, for detached houses, in the Basingstoke and Deane local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 1 RAINHAM CLOSE of £505,000 on 18th May 2017. For the value to have increased from £505,000 to £623,838 over the nine years to May 2026, the following assumptions must hold true:

• The value of 1 RAINHAM CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The May 2017 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RAINHAM CLOSE has not materially changed since May 2017.

Where is 1 RAINHAM CLOSE?

1 RAINHAM CLOSE is located in BASINGSTOKE, in the RG22 postcode district.