According to the public record, 33, Lock Place, Reading is a mid-century apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lock Place, Reading, RG1 is located within the RG1 postal district.
33, Lock Place, Reading has no records in the Land Registry database and a single entry in the EPC database dated March 2024.
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 33 Lock Place Reading as £153,635 and the rental value as £950 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 33 Lock Place Reading has increased by £502 (0.3%) and its rental value has increased by £58 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 33, Lock Place, Reading is in very good condition we estimate a sale value of £161,317 and rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,880 and a rental value of £883 per month.
If you were able to purchase this property for the estimated value of £153,635, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £755 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 33, Lock Place, Reading within a radius of 390 metres over the last 2 years.
The most recent example is 7, Haven Court, Reading, RG1 3LQ, a Leasehold flat which sold for £145,000 in Jul 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lock Place, Reading, RG1 has a total of 34 addresses. According to our analysis of all the public data, 33, Lock Place, Reading is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in RG1.
33, Lock Place, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2024.
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 33, Lock Place, Reading is Reading station which is 1.2 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 33, Lock Place, Reading, 45.4% of property is socially rented and 21.8% 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 33, Lock Place, Reading, 25.0% of residents are recorded as possessing school level qualifications and 42.5% 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 33, Lock Place, 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 33, Lock Place, 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 33, Lock Place, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.