According to the public record, 5, Wantage Road, Reading is a mid-century leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wantage Road, Reading, RG30 is located within the RG30 postal district.
5, Wantage Road, Reading has a single entry in the Land Registry database from February 2007 and a single entry in the EPC database dated May 2018.
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 Wantage Road Reading as £194,693 and the rental value as £1,117 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 5 Wantage Road Reading has increased by £934 (0.5%) and its rental value has increased by £71 per month (6.3%).
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, Wantage Road, Reading is in very good condition we estimate a sale value of £204,428 and rental value of £1,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,065 and a rental value of £1,038 per month.
If you were able to purchase this property for the estimated value of £194,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £957 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, Wantage Road, Reading was last sold on 09 Feb 2007 for £143,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Wantage Road, Reading within a radius of 370 metres over the last 2 years.
The most recent example is Flat 7, Englefield House, Moulsford Mews, Reading, RG30 1ET, a Leasehold flat which sold for £215,000 in Jun 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wantage Road, Reading, RG30 has a total of 206 addresses. According to our analysis of all the public data, 5, Wantage Road, Reading is the 167th largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in RG30.
5, Wantage Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 May 2018.
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, Wantage Road, Reading is Reading West station which is 800 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, Wantage Road, Reading, 59.1% of property is privately rented and 27.3% 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 5, Wantage Road, Reading, 20.7% of residents are recorded as possessing school level qualifications and 32.7% 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, Wantage Road, Reading, the average age was 34 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, Wantage Road, 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, Wantage Road, 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.