According to the public record, 29, Hemdean Hill, Reading is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 29, Hemdean Hill, Caversham, Reading, RG4.
Hemdean Hill, Caversham, Reading, RG4 is located within the RG4 postal district.
29, Hemdean Hill, Reading has 31 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated May 2022.
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 Hemdean Hill Reading as £327,312 and the rental value as £1,316 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 29 Hemdean Hill Reading has decreased by £1,114 (0.3%) and its rental value has increased by £64 per month (4.9%).
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, Hemdean Hill, Reading is in very good condition we estimate a sale value of £343,678 and rental value of £1,382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,400 and a rental value of £1,224 per month.
If you were able to purchase this property for the estimated value of £327,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,609 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, Hemdean Hill, Reading was last sold on 23 Dec 2016 for £245,004 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2016, 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, Hemdean Hill, Reading within a radius of 530 metres over the last 2 years.
The most recent example is Flat 7, 1, Albert Road, Reading, RG4 7AN, a Leasehold flat which sold for £235,000 in May 2024.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hemdean Hill, Caversham, Reading, RG4 has a total of 32 addresses. According to our analysis of all the public data, 29, Hemdean Hill, Reading is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £237k less expensive than the average property in RG4.
29, Hemdean Hill, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 May 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 29, Hemdean Hill, Reading is Reading station which is 1.3 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, Hemdean Hill, Reading, 51.4% of property is privately owned outright and 37.1% 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 29, Hemdean Hill, Reading, 15.7% of residents are recorded as possessing school level qualifications and 60.3% 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, Hemdean Hill, Reading, the average age was 41 and the most common age was 42.
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, Hemdean 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 29, Hemdean Hill, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.