According to the public record, 114, Kennet Walk, Reading is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kennet Walk, Reading, RG1 is located within the RG1 postal district.
114, Kennet Walk, Reading has 41 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated July 2023.
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 114 Kennet Walk Reading as £195,597 and the rental value as £1,177 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 114 Kennet Walk Reading has increased by £639 (0.3%) and its rental value has increased by £72 per month (6.1%).
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 114, Kennet Walk, Reading is in very good condition we estimate a sale value of £205,377 and rental value of £1,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,905 and a rental value of £1,095 per month.
If you were able to purchase this property for the estimated value of £195,597, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £961 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, 114, Kennet Walk, Reading was last sold on 30 Nov 2023 for £170,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114, Kennet Walk, Reading within a radius of 410 metres over the last 2 years.
The most recent example is 54, Kennet Walk, Reading, RG1 3GF, a Leasehold flat which sold for £190,000 in Mar 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kennet Walk, Reading, RG1 has a total of 146 addresses. According to our analysis of all the public data, 114, Kennet Walk, Reading is the 116th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in RG1.
114, Kennet Walk, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 114, Kennet Walk, Reading is Reading station which is 1.2 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 114, Kennet Walk, Reading, 45.4% of property is socially rented and 21.8% 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 114, Kennet Walk, Reading, 25.0% of residents are recorded as possessing school level qualifications and 42.5% 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 114, Kennet Walk, Reading, the average age was 33.3 and the most common age was 22.
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 114, Kennet Walk, 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 114, Kennet Walk, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.