According to the public record, 29, Beatty Rise, Reading is a modern leasehold apartment with 649 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Beatty Rise, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
29, Beatty Rise, Reading has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated August 2010.
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 29 Beatty Rise Reading as £208,218 and the rental value as £1,082 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 29 Beatty Rise Reading has increased by £2,041 (1.0%) and its rental value has increased by £68 per month (6.3%).
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 29, Beatty Rise, Reading is in very good condition we estimate a sale value of £218,629 and rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,643 and a rental value of £1,006 per month.
If you were able to purchase this property for the estimated value of £208,218, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,023 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, 29, Beatty Rise, Reading was last sold on 17 Jul 2020 for £202,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Beatty Rise, Reading within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 25, Beatty Rise, Reading, RG7 1FQ, a Leasehold flat which sold for £124,500 in Apr 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beatty Rise, Spencers Wood, Reading, RG7 has a total of 68 addresses. According to our analysis of all the public data, 29, Beatty Rise, Reading is the 47th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £316k less expensive than the average property in RG7.
29, Beatty Rise, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Aug 2010.
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 29, Beatty Rise, Reading is Mortimer station which is 4.4 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 29, Beatty Rise, Reading, 40.6% of property is privately owned with a mortgage and 21.9% is shared ownership.
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 29, Beatty Rise, Reading, 23.1% of residents are recorded as possessing school level qualifications and 37.8% 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 29, Beatty Rise, Reading, the average age was 37.6 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 29, Beatty Rise, 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 29, Beatty Rise, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.