Flats/Maisonettes 3 sales on record

56 WATERTOWER WAY

BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RF

£176,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Fairway House 0.1 miles
Shop Bombshell Hair & Beauty 0.1 miles
Hospital Coronary Care Unit (CCU) and Cardiology Ward 0.3 miles
Train station Basingstoke 1.5 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

1

Bathrooms

1

Floor area

50 m²

EPC rating

C

Year built

England and Wales: 2007-2011

Last sold

£176,000 Feb 2026

Price per m²

£3,520/m²

Local average

£173,997 (18 sales)

Street crime

108 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 28/11/2019

Expiry date: 27/11/2029

Current heating cost: £243/year

Potential heating cost: £243/year

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 27/02/2026 £176,000 Flat -5.9% £171,022 to April 2026 View transaction
Sold 12/08/2020 £187,000 Flat +36.5% £208,211 to April 2026 View transaction
Sold 13/08/2010 £137,000 Flat £198,485 to April 2026 View transaction

Historic listings

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
SPENCER HOUSE 4 PEGGS WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9WP £215,000 21/11/2025 Flat
BRAMSHOTT HOUSE, 28 5 BLACKMOOR DRIVE, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9QF £245,000 20/11/2025 Flat
LOCKSBRIDGE HOUSE, 1 19 DIVOT WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9YB £175,000 12/12/2023 Flat
73 CANADIAN WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RE £330,000 16/11/2023 Flat
9 HINES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9FW £215,000 26/10/2023 Flat
150 PARK PREWETT ROAD, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9TY £202,500 16/10/2023 Flat
LOCKSBRIDGE HOUSE, 1 11 DIVOT WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9YB £295,000 06/10/2023 Flat
7 CANADIAN WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RE £350,000 22/06/2023 Flat
7 HINES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9FW £218,000 03/05/2023 Flat
27 GREENLANDS ROAD, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RD £210,000 04/01/2023 Flat
31 HOLLIES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RJ £222,000 02/12/2022 Flat
SPENCER HOUSE 7 PEGGS WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9WP £250,000 29/11/2022 Flat
2 HINES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9FW £170,000 11/11/2022 Flat
29 HOLLIES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RJ £215,000 09/11/2022 Flat
7 GREENLANDS ROAD, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RD £200,000 26/10/2022 Flat
52 DIVOT WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9YE £100,000 18/10/2022 Flat
16 WATERTOWER WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RF £205,000 07/10/2022 Flat
75 CANADIAN WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RE £330,000 07/10/2022 Flat
32 HOLLIES COURT, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9RJ £215,000 02/09/2022 Flat
SPENCER HOUSE 1 PEGGS WAY, BASINGSTOKE, BASINGSTOKE AND DEANE, HAMPSHIRE, RG24 9WP £235,000 25/08/2022 Flat

Area average: £229,875 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 7.2%
10y growth 15.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Basingstoke and Deane. Series: Flats and maisonettes. As of April 2026.

1y (index) -6.1%
5y (index) 3.1%
10y (index) 8.5%

Rental Range

Estimated market rent for Basingstoke and Deane. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,179/mo
Realistic £1,310/mo
Optimistic £1,441/mo

Based on Local Authority from postcode lookup → Basingstoke and Deane.

LHA (30th percentile) floor for Basingstoke: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 1-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed End Terrace, Trinity Way, RG24 £1,700/mo 3 0.62 miles OpenRent
3 Bed End Terrace, Nuffield Way, RG24 £1,650/mo 3 0.63 miles OpenRent

Average rent: £1,675/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.95%
Max investor price (0.8%) £209,375
Target investor price (1%) £167,500
Gross yield 11.4%
Cost-to-rent ratio 8.8×
Monthly cashflow £789/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 18.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 43
Anti-social behaviour 17
Public order 15
Other theft 9
Criminal damage and arson 7
Burglary 4
Shoplifting 4
Drugs 3
Vehicle crime 3
Possession of weapons 2
Robbery 1
Total incidents 108

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Saxon Wood School Other 0.4 miles Good — 10 Jul 2023
Chiltern Way Academy Futures Other 0.5 miles Inadequate — 5 Dec 2022
Winklebury Junior School Primary 0.7 miles Good — 18 Oct 2012
Winklebury Infant School Primary 0.7 miles Good — 29 Nov 2013
Everest Community Academy Secondary 1.0 miles Good — 8 Mar 2020

FENSA

No FENSA certificates found for this address.