House prices in 'RG24 7', Old Basing

Price per square metre data and charts revealed. Latest statistics for the housing market in 'RG24 7' (Old Basing, Chineham) - calculated on 04 February 2026.

Defining 'RG24 7'

This analysis is limited to properties whose postcode starts with "RG24 7", this is also called the postcode sector. There are no official postcode sector names so I've just labelled it RG24 7, Old Basing. It is shown in red on the map below.

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You can click on the map above to change to a neighbouring sector, or you can use the search form below.

Price per square metre

Knowing the average house price in RG24 7 is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

For example in December 2025, 5, Fairthorne Rise, Old Basing, RG24 7EH sold for £825,000. Given the internal area of 206 square metres recorded on the EPC, the price per sqm is £825,000 ÷ 206 sqm = £4,004.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). You can change your prefered units from square meters to square feet for all the graphs and charts on RG24 7 and elsewhere. Just visit the My Account page and look for the m2 to ft2 toggle switch. Alternatively just multiply everything by 10, move a decimal place to go from sqm to sqft and you'll be close enough as 1 sqm = 10.76391 sqft.

Distribution of £ per sqm for 'RG24 7' vs 'RG24'

The chart above is called a histogram, it helps you see the distribution of house price per sqm in RG24 7 To make this chart we put all the sales data into a series of £ per sqm 'buckets' (e.g. £4,350 to £4,500, £4,500 to £4,650, £4,650 to £4,800 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 127 sales that took place in RG24 7, Old Basing, Chineham in the last 24 months.

Generate a custom histogram like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in RG24 7, Old Basing. Notably, only 25% of properties that sold recently were valued at more than £4,960 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of RG24 7 homes.

Box plot of £ per sqm for RG24 7

Tip: click on the chart to see the values.

The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square metre property price distributions, box plots represent the variation in property prices within a geographic area e.g. Old Basing. The chart above shows a boxplot for 'RG24 7' as well as the 'RG24' postcode district.

  • Median: The horizontal line inside the box represents the median (£ per square meter). This is the midpoint of the data, meaning 50% of the prices are below this value, and 50% are above. The middle price per square metre in 'RG24 7' is £4,550.
  • Interquartile Range (IQR): The box spans from the 25th percentile (Q1) to the 75th percentile (Q3). This is the range where the middle 50% of the data lies, giving a good indication of the typical price spread. Of the 127 transactions in RG24 7, Old Basing half were sold for between £4,060 and £4,960 per square metre.
  • Whiskers: In our case, the whiskers extend from the 9th percentile (at the lower end) to the 91st percentile (at the upper end), This provides a slightly broader view of the distribution by including the middle 82% of records. The whiskers capture most of the variation but exclude extreme outliers caused by data errors in recording sold house prices or internal area.
  • 'n=' is the number of property transactions the box plot is based on; 127 for RG24 7, Old Basing.

    • Property price map for Old Basing

    Have a look at the interactive price map I created for myself. Use it to explore 'RG24 7' house prices all the way down to individual property plots.

    Property price heatmap for Old Basing
    House price map for Old Basing

    Old Basing house price forecasting

    House prices in RG24 7 grew 10.1% in the last year, 5.9% after inflation. Whether or not this trend will continue depends on many factors, such as wage growth, net migration, interest rates and the level of house building. No one can predict these things with certainty however we can plot the historic trends in house prices in RG24 7 (Old Basing) compared with the wider postcode district of RG24.

    House price index for RG24 7

    Tip: click on the legend items to show/hide different lines

    Download house price index as CSV (premium users only).

    The chart above shows changes in 'RG24 7' property prices over the last 20 years. The index is calculated from the average price paid per sqm for property in RG24 7 and is set to 100 in 2004. I'm comparing the trends for RG24 7,Old Basing with the wider postcode district of RG24 What is more interesting is to look at the difference between flats and houses, even those in the same area follow a very different trend, to get a robust enough sample size to see this we need to zoom out and look at house price trends for the entire Basingstoke and Deane local authority.

    The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:

    Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1
    In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.

    Historic returns for RG24 7
    RG24 7 sector RG24 district
    Nominal Real Nominal Real
    20 yr per annum 3.2% 0.4% 2.9% 0.1%
    20 yr total 88.6% 9.3% 75.5% 1.7%
    10 yr per annum 2.4% -0.7% 2.6% -0.5%
    10 yr total 26.7% -7.0% 29.7% -4.7%
    5 yr per annum 4.6% 0.0% 2.6% -1.9%
    5 yr total 25.0% 0.2% 13.6% -9.0%
    1 yr per annum 10.1% 5.9% 1.6% -2.2%
    1 yr total 10.1% 5.9% 1.6% -2.2%

    This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.

    The total rate of change represents the overall change over the entire period. The formula for total return is:

    Total return = (Index at end of period ÷ Index at start of period) - 1

    The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:

    CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1

    Some specific examples:

    • Over the past 20 years, RG24 district have seen a 0.1% annual change when adjusted for inflation. This translates to a total change of 1.7% in real terms.
    • Over the past 5 years, RG24 7 sector have seen a 0.0% annual change when adjusted for inflation. This translates to a total change of 0.2% in real terms.

    Most recent RG24 7 sales

    For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

    Tip: hover over dots to see details

    Street level data

    Street Avg size Avg £sqm Recent sales
    Hatch Lane, Old Basing, RG24 7E 131 sqm £4,388 16
    London Road, Old Basing, RG24 7J 77 sqm £3,791 13
    The Hollies, Old Basing, RG24 7N 65 sqm £1,946 12
    The Street, Old Basing, RG24 7B 106 sqm £5,134 12
    Belle Vue Road, Old Basing, RG24 7J 106 sqm £4,290 11
    Basingfield Close, Old Basing, RG24 7B 76 sqm £4,500 11
    Linden Avenue, Old Basing, RG24 7H 109 sqm £4,973 10
    Cowdery Heights, Old Basing, RG24 7A 117 sqm £3,985 9

    Search for your street here.

    Nearby geographies

    The table below shows how 'RG24 7' compares to the other postcode sectors in RG24.

    Sector Lower quartile Median Upper quartile Sales in last 2yr
    RG27 9 Hook £4,010 sqm £4,950 sqm £5,500 sqm 303
    RG27 0 Sherfield On Loddon £3,770 sqm £4,650 sqm £5,200 sqm 198
    RG25 2 North Waltham £4,230 sqm £4,750 sqm £5,530 sqm 70
    RG24 9 Basingstoke £3,130 sqm £3,530 sqm £4,310 sqm 512
    RG24 8 Chineham £4,040 sqm £4,590 sqm £5,160 sqm 407
    RG24 7 Old Basing £4,060 sqm £4,550 sqm £4,960 sqm 127
    RG21 4 Basingstoke £3,020 sqm £3,420 sqm £4,140 sqm 113
    RG21 3 Basingstoke £3,350 sqm £3,790 sqm £4,500 sqm 220

    Raw data

    Our analysis of RG24 7 is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

    Address Paid sqm £/sqm
    5, Fairthorne Rise, Old Basing, Chineham £825,000
    Dec-2025
    		 206 4,004
    Zoopiyi, 1, Cowdery Heights, Old Basing, Chineham £690,000
    Nov-2025
    		 127 5,433
    31, Linden Avenue, Old Basing, Chineham £617,000
    Nov-2025
    		 139 4,438

    See the entire list of all sales in RG24 7 here.

    About

    I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.