Property Prices in Basingstoke Increased by 8% During 2017
The latest figures from the ONS, would suggest that average property prices in the Basingstoke area increased by 8% over the course to 2017. By comparison, average prices across the South East increased by 6.1% and across England & Wales by just 3.0%. Although the property prices have performed well over this period, the number of sales transactions (as we have reported before) have declined over the same period by 10.6%. Over the last 12 full months there have been 2,797 sales in Basingstoke. This is a –11% change on the previous 12 month period. The average sales price was £309,024. 17% of sales in the past 12 months were flats, achieving an average sales price of £173,572 . Houses achieved an average price of £346,755 . The total value of sales was £863,202,193 . The highest value recorded by the Land Registry over the past 12 months was £420,000 for a flat and £1,870,000 for a house. Mort...