According to the public record, 23, Send Road, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 751 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Send Road, Caversham, Reading, RG4 is located within the RG4 postal district.
23, Send Road, Reading has 2 entries in the Land Registry database, most recently in May 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Send Road Reading as £254,479 and the rental value as £1,154 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 23 Send Road Reading has decreased by £643 (0.3%) and its rental value has increased by £61 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 23, Send Road, Reading is in very good condition we estimate a sale value of £267,203 and rental value of £1,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,666 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £254,479, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,251 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, 23, Send Road, Reading was last sold on 04 May 2018 for £240,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2018, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Send Road, Reading within a radius of 550 metres over the last 2 years.
The most recent example is 7, Send Road, Reading, RG4 8EH, a Leasehold flat which sold for £300,000 in Aug 2022.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Send Road, Caversham, Reading, RG4 has a total of 39 addresses. According to our analysis of all the public data, 23, Send Road, Reading is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £310k less expensive than the average property in RG4.
The closest station to 23, Send Road, Reading is Reading station which is 1.1 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 23, Send Road, Reading, 34.9% of property is privately owned with a mortgage and 33.3% is privately rented.
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 23, Send Road, Reading, 11.3% of residents are recorded as possessing school level qualifications and 52.1% 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 23, Send Road, Reading, the average age was 36.8 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 23, Send Road, Reading, 5.8% 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 23, Send Road, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.