According to the public record, 25 Alexandra Place, Reading is a modern leasehold apartment with 575 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Alexandra Place, South Lake Crescent, Woodley, Reading, RG5.
South Lake Crescent, Woodley, Reading, RG5 is located within the RG5 postal district.
25 Alexandra Place, Reading has a single entry in the Land Registry database from August 2019 and a single entry in the EPC database dated July 2011.
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 25 Alexandra Place Reading as £156,841 and the rental value as £813 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 25 Alexandra Place Reading has increased by £153 (0.1%) and its rental value has increased by £36 per month (4.4%).
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 25 Alexandra Place, Reading is in very good condition we estimate a sale value of £164,683 and rental value of £853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,862 and a rental value of £756 per month.
If you were able to purchase this property for the estimated value of £156,841, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £771 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, 25 Alexandra Place, Reading was last sold on 15 Aug 2019 for £127,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25 Alexandra Place, Reading within a radius of 550 metres over the last 2 years.
The most recent example is 49 Alexandra Place, South Lake Crescent, Reading, RG5 3DW, a Leasehold flat which sold for £127,500 in Sep 2020.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Lake Crescent, Woodley, Reading, RG5 has a total of 140 addresses. According to our analysis of all the public data, 25 Alexandra Place, Reading is the 89th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £287k less expensive than the average property in RG5.
25 Alexandra Place, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 25 Alexandra Place, Reading is Winnersh Triangle 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 25 Alexandra Place, Reading, 52.5% of property is socially rented and 15.0% 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 25 Alexandra Place, Reading, 15.7% of residents are recorded as possessing school level qualifications and 29.2% 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 25 Alexandra Place, Reading, the average age was 40.3 and the most common age was 7.
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 25 Alexandra Place, 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 25 Alexandra Place, 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.