RG29 (Odiham) area guide

RG29
Odiham
The RG29 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Greywell, Hampshire, Holybourne and Froyle, Hook, Long Sutton, North Warnborough, Odiham, South Warnborough, Upton Grey and The Candovers, Well.
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Notes:

A Mouseprice property guide for RG29 Odiham is coming soon. In the meantime, please have a look at the raw data and statistics about RG29 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Reading propertyThe size of the property market in RG29 is 2349 homes.

Reading propertyThe postcode district RG29 has been experiencing annual growth of 11.9% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Reading propertyThe average property in this postcode district was valued at £354675 over the last 3 months.

Reading propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 11.1. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.

Reading propertyNew transactions as a percentage of overall sales are 19.4%.

Housing stock:

Odiham propertyIf you are specifically looking to buy Detached Houses, this would be an excellent area for you to explore, with 40% of properties being this type.

Odiham propertyThe least common type of property in this area is Flats (6.8% of the total housing stock).

Odiham propertyThis is an area with a high proportion of property suitable for families with children.

Odiham propertySocially rented accommodation represents 14.1% of the total rented accommodation in the area.

Odiham propertyThe majority of property in this area is owner occupied.

Odiham propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £216762.

Who lives here:

Odiham propertyTotal population in this area is 6256.
Odiham propertyThe average age in this area is 35.
Odiham propertyThis area has a high percentage of married people at 28.2%.
Odiham propertyAverage working hours in this area for men are 44 and for women are 32.
Odiham propertyThis area has 1.3 people per square kilometre.
Odiham propertyJob prospects in this area are good with low unemployment (1.3%). Most jobs are found in the Health & Social Work and Real Estate sectors.