According to the public record, 11 Benyon Mews, Reading is a modern Leasehold apartment with 1,012 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Benyon Mews, Bath Road, Reading, RG1.
Bath Road, Reading, RG1 is located within the RG1 postal district.
11 Benyon Mews, Reading has 31 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated February 2015.
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 11 Benyon Mews Reading as £357,755 and the rental value as £1,829 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 11 Benyon Mews Reading has increased by £165 (0.0%) and its rental value has increased by £107 per month (5.9%).
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 11 Benyon Mews, Reading is in very good condition we estimate a sale value of £375,643 and rental value of £1,920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,712 and a rental value of £1,701 per month.
If you were able to purchase this property for the estimated value of £357,755, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,758 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, 11 Benyon Mews, Reading was last sold on 23 Feb 2024 for £430,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11 Benyon Mews, Reading within a radius of 450 metres over the last 2 years.
The most recent example is 12 The Huntley, Carmelite Drive, Reading, RG30 2SB, a Leasehold flat which sold for £310,000 in Aug 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bath Road, Reading, RG1 has a total of 443 addresses. According to our analysis of all the public data, 11 Benyon Mews, Reading is the 63rd largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in RG1.
11 Benyon Mews, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2015.
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 11 Benyon Mews, Reading is Reading West station which is 800 metres 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 11 Benyon Mews, Reading, 33.5% of property is privately owned with a mortgage and 32.9% is privately owned outright.
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 11 Benyon Mews, Reading, 13.8% of residents are recorded as possessing school level qualifications and 57.6% 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 11 Benyon Mews, Reading, the average age was 37.7 and the most common age was 32.
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 11 Benyon Mews, Reading, 1.8% 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 11 Benyon Mews, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.