According to the public record, 199 Luscinia View, Reading is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Luscinia View, Napier Road, Reading, RG1.
Napier Road, Reading, RG1 is located within the RG1 postal district.
199 Luscinia View, Reading has 21 entries in the Land Registry database, most recently in March 2007 and a single entry in the EPC database dated March 2019.
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 199 Luscinia View Reading as £226,112 and the rental value as £1,215 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 199 Luscinia View Reading has decreased by £3,416 (1.5%) and its rental value has increased by £51 per month (4.2%).
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 199 Luscinia View, Reading is in very good condition we estimate a sale value of £237,418 and rental value of £1,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,284 and a rental value of £1,130 per month.
If you were able to purchase this property for the estimated value of £226,112, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,111 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, 199 Luscinia View, Reading was last sold on 30 Mar 2007 for £143,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 19.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 199 Luscinia View, Reading within a radius of 570 metres over the last 2 years.
The most recent example is Flat 19, 4, Palmer Street, Reading, RG1 3GY, a Leasehold flat which sold for £255,725 in Feb 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Napier Road, Reading, RG1 has a total of 416 addresses. According to our analysis of all the public data, 199 Luscinia View, Reading is the 368th largest and the 382nd most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in RG1.
199 Luscinia View, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Mar 2019.
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 199 Luscinia View, Reading is Reading 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 199 Luscinia View, Reading, 66.2% of property is privately rented and 12.2% 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 199 Luscinia View, Reading, 11.2% of residents are recorded as possessing school level qualifications and 80.2% 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 199 Luscinia View, 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 199 Luscinia View, 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 199 Luscinia View, 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.