According to the public record, 22, Larchside Close, Reading is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Larchside Close, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
22, Larchside Close, Reading has 41 entries in the Land Registry database, most recently in July 2009 and a single entry in the EPC database dated December 2018.
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 22 Larchside Close Reading as £154,097 and the rental value as £896 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 22 Larchside Close Reading has decreased by £288 (0.2%) and its rental value has increased by £50 per month (5.6%).
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 22, Larchside Close, Reading is in very good condition we estimate a sale value of £161,802 and rental value of £941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,310 and a rental value of £834 per month.
If you were able to purchase this property for the estimated value of £154,097, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £757 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, 22, Larchside Close, Reading was last sold on 31 Jul 2009 for £85,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2009, the market for similar properties has risen 54.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Larchside Close, Reading within a radius of 840 metres over the last 2 years.
The most recent example is 24, Larchside Close, Reading, RG7 1DS, a Leasehold flat which sold for £137,500 in Sep 2020.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larchside Close, Spencers Wood, Reading, RG7 has a total of 70 addresses. According to our analysis of all the public data, 22, Larchside Close, Reading is the 52nd largest and the 59th most expensive property on the street.
When compared to the postcode district it is £370k less expensive than the average property in RG7.
22, Larchside Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2018.
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 22, Larchside Close, Reading is Reading Green Park station which is 4.2 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 22, Larchside Close, Reading, 39.2% of property is shared ownership and 30.8% 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 22, Larchside Close, Reading, 14.6% of residents are recorded as possessing school level qualifications and 33.9% 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 22, Larchside Close, Reading, the average age was 37.6 and the most common age was 32.
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 22, Larchside Close, 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 22, Larchside Close, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.