According to the public record, 122, Paddock Road, Newbury is a mid-century apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Paddock Road, Newbury, RG14 is located within the RG14 postal district.
122, Paddock Road, Newbury has no records in the Land Registry database and a single entry in the EPC database dated January 2024.
We combine this information with public data 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 122 Paddock Road Newbury as £159,007 and the rental value as £797 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 122 Paddock Road Newbury has increased by £563 (0.4%) and its rental value has increased by £18 per month (2.2%).
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 122, Paddock Road, Newbury is in very good condition we estimate a sale value of £166,957 and rental value of £837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,876 and a rental value of £741 per month.
If you were able to purchase this property for the estimated value of £159,007, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £781 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 122, Paddock Road, Newbury within a radius of 620 metres over the last 2 years.
The most recent example is 114, Paddock Road, Newbury, RG14 7DH, a Leasehold flat which sold for £142,500 in Jan 2024.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paddock Road, Newbury, RG14 has a total of 104 addresses. According to our analysis of all the public data, 122, Paddock Road, Newbury is the 88th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £229k less expensive than the average property in RG14.
122, Paddock Road, Newbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 122, Paddock Road, Newbury is Newbury station which is 1.0 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 122, Paddock Road, Newbury, 45.6% of property is privately owned with a mortgage and 42.1% 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 122, Paddock Road, Newbury, 27.5% of residents are recorded as possessing school level qualifications and 52.3% 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 122, Paddock Road, Newbury, the average age was 42.5 and the most common age was 47.
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 122, Paddock Road, Newbury, 0.3% 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 122, Paddock Road, Newbury, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.