According to the public record, 26, Southern Hill, Reading is a modern apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Southern Hill, Reading, RG1 is located within the RG1 postal district.
26, Southern Hill, Reading has no records in the Land Registry database and a single entry in the EPC database dated January 2022.
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 Southern Hill Reading as £232,430 and the rental value as £1,327 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 26 Southern Hill Reading has increased by £734 (0.3%) and its rental value has increased by £81 per month (6.1%).
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, Southern Hill, Reading is in very good condition we estimate a sale value of £244,052 and rental value of £1,394 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,160 and a rental value of £1,234 per month.
If you were able to purchase this property for the estimated value of £232,430, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,142 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, Southern Hill, Reading within a radius of 520 metres over the last 2 years.
The most recent example is 34, Southern Hill, Reading, RG1 5ES, a Leasehold flat which sold for £272,500 in Aug 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southern Hill, Reading, RG1 has a total of 34 addresses. According to our analysis of all the public data, 26, Southern Hill, Reading is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in RG1.
26, Southern Hill, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jan 2022.
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 26, Southern Hill, Reading is Reading station which is 1.9 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, Southern Hill, Reading, 53.4% of property is privately rented and 24.7% is socially 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 26, Southern Hill, Reading, 71.7% of residents are recorded as possessing school level qualifications and 30.4% 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, Southern Hill, Reading, the average age was 33.9 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, Southern Hill, 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 26, Southern Hill, Reading, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.