According to the public record, 5, Lytham Road, Reading is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Lytham Road, Woodley, Reading, RG5 is located within the RG5 postal district.
5, Lytham Road, Reading has 2 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated October 2023.
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 Lytham Road Reading as £232,261 and the rental value as £1,182 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 5 Lytham Road Reading has increased by £99 (0.0%) and its rental value has increased by £52 per month (4.4%).
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, Lytham Road, Reading is in very good condition we estimate a sale value of £243,875 and rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,003 and a rental value of £1,099 per month.
If you were able to purchase this property for the estimated value of £232,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,141 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, Lytham Road, Reading was last sold on 18 Feb 2014 for £172,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2014, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lytham Road, Reading within a radius of 590 metres over the last 2 years.
The most recent example is Flat 32, Douglas Bader Court, Howth Drive, Reading, RG5 3AF, a Leasehold flat which sold for £240,000 in Feb 2022.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lytham Road, Woodley, Reading, RG5 has a total of 10 addresses. According to our analysis of all the public data, 5, Lytham Road, Reading is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in RG5.
5, Lytham Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Oct 2023.
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, Lytham Road, Reading is Earley station which is 1.5 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 5, Lytham Road, Reading, 37.7% of property is privately rented and 31.4% 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, Lytham Road, Reading, 17.9% of residents are recorded as possessing school level qualifications and 35.6% 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, Lytham Road, Reading, the average age was 40.3 and the most common age was 7.
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, Lytham Road, Reading, 0.5% 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, Lytham Road, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.