According to the public record, 38 Chatham House, Newbury is a modern leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Chatham House, Racecourse Road, Newbury, RG14.
Racecourse Road, Newbury, RG14 is located within the RG14 postal district.
38 Chatham House, Newbury has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated June 2015.
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 38 Chatham House Newbury as £317,846 and the rental value as £1,028 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 38 Chatham House Newbury has decreased by £7,760 (2.4%) and its rental value has decreased by £5 per month (0.5%).
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 38 Chatham House, Newbury is in very good condition we estimate a sale value of £333,739 and rental value of £1,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,597 and a rental value of £956 per month.
If you were able to purchase this property for the estimated value of £317,846, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,562 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, 38 Chatham House, Newbury was last sold on 02 Dec 2022 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38 Chatham House, Newbury within a radius of 610 metres over the last 2 years.
The most recent example is 68 Chatham House, Racecourse Road, Newbury, RG14 7GJ, a Leasehold flat which sold for £340,000 in Jul 2023.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Racecourse Road, Newbury, RG14 has a total of 286 addresses. According to our analysis of all the public data, 38 Chatham House, Newbury is the 108th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in RG14.
38 Chatham House, Newbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jun 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 38 Chatham House, Newbury is Newbury Racecourse station which is 200 metres 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 38 Chatham House, Newbury, 45.7% of property is privately owned outright and 40.3% 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 38 Chatham House, Newbury, 18.5% of residents are recorded as possessing school level qualifications and 41.2% 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 38 Chatham House, Newbury, the average age was 37.9 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 38 Chatham House, Newbury, 1.0% 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 38 Chatham House, Newbury, 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.