According to the public record, 1, Durand Road, Reading is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Durand Road, Earley, Reading, RG6 is located within the RG6 postal district.
1, Durand Road, Reading has 51 entries in the Land Registry database, most recently in September 2010 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Durand Road Reading as £261,866 and the rental value as £1,056 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1 Durand Road Reading has increased by £715 (0.3%) and its rental value has increased by £57 per month (5.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Durand Road, Reading is in very good condition we estimate a sale value of £274,959 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,535 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £261,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,287 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Durand Road, Reading was last sold on 10 Sep 2010 for £175,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2010, the market for similar properties has risen 49.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Durand Road, Reading within a radius of 600 metres over the last 2 years.
The most recent example is 9, Robinson Court, Reading, RG6 5YX, a Leasehold flat which sold for £280,000 in Nov 2023.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durand Road, Earley, Reading, RG6 has a total of 83 addresses. According to our analysis of all the public data, 1, Durand Road, Reading is the 81st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in RG6.
1, Durand Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Durand Road, Reading is Earley station which is 1.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Durand Road, Reading, 46.2% of property is privately owned outright and 24.4% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Durand Road, Reading, 21.9% of residents are recorded as possessing school level qualifications and 47.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Durand Road, Reading, the average age was 37.1 and the most common age was 42.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Durand Road, Reading, 0.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Durand Road, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.