According to the public record, 14 Aveley House, Reading is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Aveley House, Iliffe Close, Reading, RG1.
Iliffe Close, Reading, RG1 is located within the RG1 postal district.
14 Aveley House, Reading has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated August 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 14 Aveley House Reading as £226,788 and the rental value as £1,290 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 14 Aveley House Reading has increased by £763 (0.3%) and its rental value has increased by £79 per month (6.2%).
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 14 Aveley House, Reading is in very good condition we estimate a sale value of £238,127 and rental value of £1,355 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,913 and a rental value of £1,200 per month.
If you were able to purchase this property for the estimated value of £226,788, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,115 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, 14 Aveley House, Reading was last sold on 04 Nov 2022 for £215,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14 Aveley House, Reading within a radius of 290 metres over the last 2 years.
The most recent example is 46 Aveley House, Iliffe Close, Reading, RG1 2QF, a Leasehold flat which sold for £230,000 in Jun 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iliffe Close, Reading, RG1 has a total of 103 addresses. According to our analysis of all the public data, 14 Aveley House, Reading is the 63rd largest and the 59th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in RG1.
14 Aveley House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 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 14 Aveley House, Reading is Reading station which is 1.1 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 14 Aveley House, Reading, 58.7% of property is privately rented and 21.5% 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 14 Aveley House, Reading, 19.7% of residents are recorded as possessing school level qualifications and 39.0% 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 14 Aveley House, Reading, the average age was 33.9 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 14 Aveley House, Reading, 0.5% 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 14 Aveley House, 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.