According to the public record, 27, Send Road, Reading is a mid-century leasehold apartment with 721 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.
27, Send Road, Reading has 3 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated August 2019.
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 27 Send Road Reading as £249,183 and the rental value as £1,144 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 27 Send Road Reading has decreased by £630 (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 27, Send Road, Reading is in very good condition we estimate a sale value of £261,642 and rental value of £1,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,740 and a rental value of £1,064 per month.
If you were able to purchase this property for the estimated value of £249,183, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,225 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, 27, Send Road, Reading was last sold on 07 Apr 2017 for £248,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2017, the market for similar properties has dropped 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, 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, 27, Send Road, Reading is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £315k less expensive than the average property in RG4.
27, Send Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2019.
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 27, 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 27, 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 27, 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 27, 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 27, 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 27, 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.