According to the public record, 5 Brownlow Lodge, Reading is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Brownlow Lodge, Brownlow Road, Reading, RG1.
Brownlow Road, Reading, RG1 is located within the RG1 postal district.
5 Brownlow Lodge, Reading has 21 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated March 2024.
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 5 Brownlow Lodge Reading as £306,805 and the rental value as £1,523 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Brownlow Lodge Reading has increased by £603 (0.2%) and its rental value has increased by £92 per month (6.0%).
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 5 Brownlow Lodge, Reading is in very good condition we estimate a sale value of £322,146 and rental value of £1,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,329 and a rental value of £1,416 per month.
If you were able to purchase this property for the estimated value of £306,805, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,508 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, 5 Brownlow Lodge, Reading was last sold on 23 Jun 2017 for £295,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has dropped 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Brownlow Lodge, Reading within a radius of 410 metres over the last 2 years.
The most recent example is 9 Brownlow Lodge, Brownlow Road, Reading, RG1 6NR, a Leasehold flat which sold for £320,000 in Aug 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brownlow Road, Reading, RG1 has a total of 46 addresses. According to our analysis of all the public data, 5 Brownlow Lodge, Reading is the 11th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in RG1.
5 Brownlow Lodge, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 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 5 Brownlow Lodge, Reading is Reading West station which is 400 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 5 Brownlow Lodge, Reading, 50.4% of property is privately rented and 24.4% is privately owned outright.
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 5 Brownlow Lodge, Reading, 12.2% of residents are recorded as possessing school level qualifications and 49.8% 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 5 Brownlow Lodge, Reading, the average age was 37.7 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 5 Brownlow Lodge, 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 5 Brownlow Lodge, 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.