According to the public record, 22, Windermere Road, Reading is a mid-century leasehold apartment and with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Windermere Road, Reading, RG2 is located within the RG2 postal district.
22, Windermere Road, Reading has 41 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated July 2012.
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 Windermere Road Reading as £187,720 and the rental value as £1,052 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 22 Windermere Road Reading has increased by £606 (0.3%) and its rental value has increased by £63 per month (6.0%).
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, Windermere Road, Reading is in very good condition we estimate a sale value of £197,106 and rental value of £1,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,580 and a rental value of £978 per month.
If you were able to purchase this property for the estimated value of £187,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £923 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, Windermere Road, Reading was last sold on 06 Oct 2021 for £225,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2021, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Windermere Road, Reading within a radius of 139m over the last 2 years.
The most recent example is 23, Barnsdale Road, Reading, RG2 7JG, a Leasehold flat which sold for £217,500 in Feb 2022.
Read more about house prices in RG2.
Windermere Road, Reading, RG2 has a total of 148 addresses. According to our analysis of all the public data, 22, Windermere Road, Reading is the 120th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in RG2.
22, Windermere Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2012.
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, Windermere Road, Reading is Reading station which is 2.6 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 22, Windermere Road, Reading, 34.4% of property is privately rented and 31.3% 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, Windermere Road, Reading, 27.3% of residents are recorded as possessing school level qualifications and 43.7% 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, Windermere 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 22, Windermere Road, Reading, 0.8% 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, Windermere Road, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.