According to the public record, 10, Mowbray Drive, Reading is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mowbray Drive, Tilehurst, Reading, RG30 is located within the RG30 postal district.
10, Mowbray Drive, Reading has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated May 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 10 Mowbray Drive Reading as £231,961 and the rental value as £1,214 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 10 Mowbray Drive Reading has increased by £1,226 (0.5%) and its rental value has increased by £77 per month (6.4%).
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 10, Mowbray Drive, Reading is in very good condition we estimate a sale value of £243,559 and rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,724 and a rental value of £1,129 per month.
If you were able to purchase this property for the estimated value of £231,961, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,140 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, 10, Mowbray Drive, Reading was last sold on 10 Dec 2021 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Mowbray Drive, Reading within a radius of 490 metres over the last 2 years.
The most recent example is 46, Mowbray Drive, Reading, RG30 4XY, a Leasehold flat which sold for £230,000 in May 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mowbray Drive, Tilehurst, Reading, RG30 has a total of 28 addresses. According to our analysis of all the public data, 10, Mowbray Drive, Reading is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in RG30.
10, Mowbray Drive, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 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 10, Mowbray Drive, Reading is Tilehurst station which is 1.4 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 10, Mowbray Drive, Reading, 35.8% of property is socially rented and 26.3% is privately owned with a mortgage.
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 10, Mowbray Drive, Reading, 23.9% of residents are recorded as possessing school level qualifications and 26.9% 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 10, Mowbray Drive, Reading, the average age was 35.9 and the most common age was 37.
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 10, Mowbray Drive, Reading, 0.0% 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 10, Mowbray Drive, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.