UPPER FLAT, 22, RAYLEIGH ROAD, BASINGSTOKE, RG21 7TH - £256,000

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.

UPPER FLAT is a flat, which could now be worth an estimated £251,469. It was last sold for £256,000 in May 2023, which was around 36% above the average May 2023 flat price in the Basingstoke and Deane local authority area.

UPPER FLAT Sold Prices

Land registry data shows five sales for UPPER FLAT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the five UPPER FLAT sales were for above 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
2023 10 MAY	£256,000	£188,486	36% above HPI
2008 16 JAN	£189,950	£142,889	33% above HPI
2002 23 SEP	£119,000	£99,059	20% above HPI
2000 24 MAR	£86,000	£64,618	33% above HPI
1997 15 AUG	£64,500	£50,173	29% above HPI

What might UPPER FLAT be worth now?

UPPER FLAT might now be worth an estimated £251,469.

This is based on house price deflation of 1.8%, between May 2023 and May 2026, for flats, 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 1.8% deflationary decrease is applied to the most recent sale price for UPPER FLAT of £256,000 on 10th May 2023. For the value to have decreased from £256,000 to £251,469 over the three years to May 2026, the following assumptions must hold true:

• The value of UPPER FLAT has moved in line with the HPI for flats in the Basingstoke and Deane local authority area.
• The May 2023 sale price of £256,000 represented a fair market value for the property.
• The size, condition, and specification of UPPER FLAT has not materially changed since May 2023.