According to the public record, 51, Swallows Croft, Reading is a modern leasehold apartment with 455 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Swallows Croft, Reading, RG1 is located within the RG1 postal district.
51, Swallows Croft, Reading has 21 entries in the Land Registry database, most recently in July 2006 and a single entry in the EPC database dated November 2009.
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 51 Swallows Croft Reading as £171,823 and the rental value as £1,071 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 51 Swallows Croft Reading has increased by £468 (0.3%) and its rental value has increased by £65 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 51, Swallows Croft, Reading is in very good condition we estimate a sale value of £180,414 and rental value of £1,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,796 and a rental value of £996 per month.
If you were able to purchase this property for the estimated value of £171,823, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £844 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, 51, Swallows Croft, Reading was last sold on 05 Jul 2006 for £117,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Swallows Croft, Reading within a radius of 590 metres over the last 2 years.
The most recent example is Flat 11, Ashdown House, Rembrandt Way, Reading, RG1 6QW, a Leasehold flat which sold for £160,000 in Aug 2020.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swallows Croft, Reading, RG1 has a total of 79 addresses. According to our analysis of all the public data, 51, Swallows Croft, Reading is the 76th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in RG1.
51, Swallows Croft, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 51, Swallows Croft, Reading is Reading West station which is 1.3 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 51, Swallows Croft, Reading, 32.0% of property is socially rented and 23.8% 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 51, Swallows Croft, Reading, 27.0% of residents are recorded as possessing school level qualifications and 26.0% 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 51, Swallows Croft, 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 51, Swallows Croft, Reading, 0.2% 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 51, Swallows Croft, 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.