According to the public record, 26, Garnet Hill, Reading is a modern apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Garnet Hill, Reading, RG1 is located within the RG1 postal district.
26, Garnet Hill, Reading has no records in the Land Registry database and a single entry in the EPC database dated May 2023.
We combine this information with public data 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 26 Garnet Hill Reading as £129,848 and the rental value as £804 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 26 Garnet Hill Reading has increased by £436 (0.3%) and its rental value has increased by £50 per month (6.2%).
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 26, Garnet Hill, Reading is in very good condition we estimate a sale value of £136,341 and rental value of £845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,759 and a rental value of £748 per month.
If you were able to purchase this property for the estimated value of £129,848, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £638 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Garnet Hill, Reading within a radius of 400 metres over the last 2 years.
The most recent example is 2, Cranford Mews, Reading, RG1 6HD, a Leasehold flat which sold for £107,250 in Aug 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garnet Hill, Reading, RG1 has a total of 13 addresses. According to our analysis of all the public data, 26, Garnet Hill, Reading is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in RG1.
26, Garnet Hill, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 26, Garnet Hill, Reading is Reading West station which is 1.0 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 26, Garnet Hill, Reading, 33.3% of property is privately rented and 32.5% 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 26, Garnet Hill, Reading, 18.5% of residents are recorded as possessing school level qualifications and 44.5% 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 26, Garnet Hill, 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 26, Garnet Hill, Reading, 1.3% 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 26, Garnet Hill, 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.