According to the public record, 15, The Cloisters, Reading is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Cloisters, Caversham, Reading, RG4 is located within the RG4 postal district.
15, The Cloisters, Reading has 2 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated May 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 15 The Cloisters Reading as £152,367 and the rental value as £795 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 15 The Cloisters Reading has increased by £95 (0.1%) and its rental value has increased by £42 per month (5.3%).
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 15, The Cloisters, Reading is in very good condition we estimate a sale value of £159,985 and rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,701 and a rental value of £739 per month.
If you were able to purchase this property for the estimated value of £152,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £749 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, 15, The Cloisters, Reading was last sold on 28 Jul 2021 for £127,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, The Cloisters, Reading within a radius of 560 metres over the last 2 years.
The most recent example is 20, The Cloisters, Reading, RG4 7RQ, a Leasehold flat which sold for £168,000 in Dec 2023.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cloisters, Caversham, Reading, RG4 has a total of 20 addresses. According to our analysis of all the public data, 15, The Cloisters, Reading is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £412k less expensive than the average property in RG4.
15, The Cloisters, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2021.
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 15, The Cloisters, Reading is Reading station which is 1.4 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 15, The Cloisters, Reading, 51.4% of property is privately owned outright and 37.1% 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 15, The Cloisters, Reading, 15.7% of residents are recorded as possessing school level qualifications and 60.3% 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 15, The Cloisters, Reading, the average age was 41 and the most common age was 42.
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 15, The Cloisters, 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 15, The Cloisters, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.