According to the public record, 53, Larks Meade, Reading is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Larks Meade, Earley, Reading, RG6 is located within the RG6 postal district.
53, Larks Meade, Reading has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated February 2022.
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 53 Larks Meade Reading as £156,230 and the rental value as £821 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 53 Larks Meade Reading has increased by £427 (0.3%) and its rental value has increased by £44 per month (5.4%).
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 53, Larks Meade, Reading is in very good condition we estimate a sale value of £164,042 and rental value of £862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,294 and a rental value of £764 per month.
If you were able to purchase this property for the estimated value of £156,230, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £768 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, 53, Larks Meade, Reading was last sold on 11 Nov 2011 for £102,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 50.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Larks Meade, Reading within a radius of 620 metres over the last 2 years.
The most recent example is 30, Larks Meade, Reading, RG6 5TA, a Leasehold flat which sold for £127,500 in Dec 2023.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larks Meade, Earley, Reading, RG6 has a total of 52 addresses. According to our analysis of all the public data, 53, Larks Meade, Reading is the 27th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £318k less expensive than the average property in RG6.
53, Larks Meade, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2022.
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 53, Larks Meade, Reading is Earley station which is 1.9 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 53, Larks Meade, Reading, 46.2% of property is privately owned outright and 24.4% 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 53, Larks Meade, Reading, 21.9% of residents are recorded as possessing school level qualifications and 47.8% 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 53, Larks Meade, Reading, the average age was 37.1 and the most common age was 42.
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 53, Larks Meade, Reading, 0.4% 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 53, Larks Meade, 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.