According to the public record, 25, Franklin Street, Reading is a modern leasehold house with 947 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Franklin Street, Reading, RG1 is located within the RG1 postal district.
25, Franklin Street, Reading has 31 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated January 2020.
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 Franklin Street Reading as £335,778 and the rental value as £1,562 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 25 Franklin Street Reading has decreased by £3,406 (1.0%) and its rental value has increased by £74 per month (4.7%).
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, Franklin Street, Reading is in very good condition we estimate a sale value of £352,567 and rental value of £1,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,273 and a rental value of £1,452 per month.
If you were able to purchase this property for the estimated value of £335,778, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,650 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 data from HM Land Registry, 25, Franklin Street, Reading sits on a plot of 232m2.
We have plot size data on 18 out of 25 other houses in the postcode and 25, Franklin Street, Reading sits on the 2nd largest plot.
According to HM Land Registry, 25, Franklin Street, Reading was last sold on 12 May 2023 for £325,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Franklin Street, Reading within a radius of 320 metres over the last 2 years.
The most recent example is 38, Goldsmid Road, Reading, RG1 7YB, a Freehold house which sold for £357,000 in Sep 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Franklin Street, Reading, RG1 has a total of 60 addresses. According to our analysis of all the public data, 25, Franklin Street, Reading is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in RG1.
25, Franklin Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2020.
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 25, Franklin Street, Reading is Reading West station which is 500 metres 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, Franklin Street, Reading, 53.7% of property is privately rented and 21.6% 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, Franklin Street, Reading, 14.2% of residents are recorded as possessing school level qualifications and 46.0% 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, Franklin Street, 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 25, Franklin Street, 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, Franklin Street, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.