Basingstoke & Housing
A Transformed Housing Offer
Most of Basingstoke’s housing is modern (primarily post-war) and is more affordable at both a county and a regional level with house prices on average between 4 and 5% lower. Despite Basingstoke’s proximity to London, average house prices are a substantial 38% cheaper than in the capital.
A recent programme of building work has transformed Basingstoke, adding a new dimension to the housing offer in the form of modern urban living - ideal for first-time buyers. The Victory Hill development, offering apartments and penthouses, overlooks the town and offers views of the North Downs whilst being close to all amenities. This is complemented by a range of terraces and detached housing.
With the Borough’s population projected to grow by almost 13% by 2026, from 157,000 to 177,000, plans are in place to increase and enrich the range of housing provided.
Cost of Housing in Basingstoke Area
Average cost of a house overall: £225,991
Average costs of a detached house: £362,214
Average costs of a semi-detached house: £212,192
Average Costs of a terraced house: £175,770
Average costs of an apartment: £133,634
Source: Land Registry of England and wales October to December 2008.
Affordable Housing
Providing affordable housing is also an important consideration in the borough, and in March 2006 the borough council was allocated over £13 million towards new housing.
The current level of funding for housing associations now stands at over £30 million, which means that the target of providing 250 homes per year is likely to be exceeded.
Beyond Basingstoke itself, the borough is predominantly rural, characterised by smaller settlements such as Overton and Whitchurch, which offer attractive historic ‘character’ properties.
Housing Overview
- Basingstoke offers a good range of mainly modern accommodation
- The local area additionally offers historic properties
- Property is affordable by county and region standards
- Property prices are over 1/3 cheaper than in London
- On-going programme of house building will match population growth.
Case study contributor: Ian Farr, Basingstoke and Deane Borough Council Housing Services, tel. 01256 845 422.
Local Property Agents
Local Housing Associations
Kingfisher Housing Association
www.kha.org.uk
01256 302 302
Sentinel Housing Association
www.sentinelha.org.uk
01256 338 800
Servite Housing Association
Download information about The Square - accommodation for £30 a night or £400 a month, near the hospital.
01256 357927 www.servitehouses.org.uk
Housing Advice & Benefits
Basingstoke and Deane Borough Council
www.basingstoke.gov.uk/housing
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