According to the public record, 147, Newcastle Road, Reading is a modern apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Newcastle Road, Reading, RG2 is located within the RG2 postal district.
147, Newcastle Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated February 2021.
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 147 Newcastle Road Reading as £122,565 and the rental value as £692 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 147 Newcastle Road Reading has increased by £448 (0.4%) and its rental value has increased by £42 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 147, Newcastle Road, Reading is in very good condition we estimate a sale value of £128,694 and rental value of £727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,986 and a rental value of £644 per month.
If you were able to purchase this property for the estimated value of £122,565, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £602 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 property sales within a 82m radius of 147, Newcastle Road, Reading over the last 2 years.
The most recent example is 68, Newcastle Road, Reading, RG2 7TS, a Freehold house which sold for £297,500 in Feb 2018.
Read more about house prices in RG2.
Newcastle Road, Reading, RG2 has a total of 132 addresses. According to our analysis of all the public data, 147, Newcastle Road, Reading is the 130th largest and the 131st most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in RG2.
147, Newcastle Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 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 147, Newcastle Road, Reading is Reading station which is 2.3 km 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 147, Newcastle Road, Reading, 72.0% of property is socially rented and 13.6% 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 147, Newcastle Road, Reading, 27.2% of residents are recorded as possessing school level qualifications and 24.5% 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 147, Newcastle Road, Reading, the average age was 32.4 and the most common age was 17.
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 147, Newcastle Road, 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 147, Newcastle Road, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.