Property trends for RG22

    RG22 covers the Basingstoke area in Hampshire, sitting in the south-central region with good transport links to London and the wider south-east. It is a mixed residential and commuter area with a family-oriented character.

    At a Glance

    Average Property Price - RG22

    £383,182

    63

    National percentile

    Average Monthly Rent - RG

    £1,414

    74

    National percentile

    Average Net Household Income - RG22

    £43,889

    72

    National percentile

    Flat / Maisonette Yield - RG

    5.7%

    54

    National percentile

    10-Year Annualised Price Growth - RG22

    4.2%

    73

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    Property Price & Volume Trends

    The latest average property price in RG22 is £383,000, placing it above the national median and among the more expensive areas nationally. Over the past decade, prices have grown at 4.2% annually, a pace notably faster than the national average. Transaction activity last year totalled 475 sales, a decline from the 10-year average of 558, reflecting softer recent market conditions.

    Rent & Yield Trends

    The average monthly rent in the broader RG postcode area stands at £1,414, well above the national typical level. Rents have grown at 3.6% per year over the past decade, a relatively modest pace compared to most UK regions. The current flat yield of 5.7% is markedly higher than the 10-year average of 4.5%, indicating improved returns for rental investors in recent periods.

    Income & Affordability Trends

    Average net household income in RG22 is £43,889, placing the area in the upper third nationally. The current price-to-income ratio of 8.3x has risen since 2016 (then 7.3x), meaning property has become less affordable relative to local earnings. Rental affordability has remained essentially flat, with the rent-to-income ratio at 28.9% compared to 28% in 2016.

    Resident Demographic Profile

    The area has a notably larger proportion of young families, with under-15s comprising 20.1% against the national average of 17.5%, and a stronger 35–49 age group at 21.4%. The 16–24 population is noticeably smaller at 9.2%, suggesting fewer young adults. Housing is predominantly owner-occupied, with 33.7% mortgaged (above the national 27.0%) and only 12.1% privately rented (well below the national 21.7%), though social rented housing at 23.6% significantly exceeds the national average of 16.5%. The employment profile is weighted towards administrative and caring roles (10.2% and 9.5% respectively) relative to national norms.

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