According to the public record, 6 Avenue Heights, Basingstoke Road, Reading is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 6, Basingstoke Road, Reading, RG2.
Basingstoke Road, Reading, RG2 is located within the RG2 postal district.
6 Avenue Heights, Basingstoke Road, Reading has 41 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated March 2021.
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 6 Avenue Heights Basingstoke Road Reading as £226,050 and the rental value as £1,169 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 6 Avenue Heights Basingstoke Road Reading has increased by £352 (0.2%) and its rental value has increased by £70 per month (5.9%).
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 6 Avenue Heights, Basingstoke Road, Reading is in very good condition we estimate a sale value of £237,352 and rental value of £1,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,226 and a rental value of £1,087 per month.
If you were able to purchase this property for the estimated value of £226,050, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,111 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, 6 Avenue Heights, Basingstoke Road, Reading was last sold on 30 Jun 2022 for £220,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Avenue Heights, Basingstoke Road, Reading within a radius of 510 metres over the last 2 years.
The most recent example is 21 Avenue Heights, Basingstoke Road, Reading, RG2 0EP, a Leasehold flat which sold for £235,000 in Mar 2024.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basingstoke Road, Reading, RG2 has a total of 555 addresses. According to our analysis of all the public data, 6 Avenue Heights, Basingstoke Road, Reading is the 358th largest and the 365th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in RG2.
6 Avenue Heights, Basingstoke Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2021.
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 6 Avenue Heights, Basingstoke Road, Reading is Reading 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 6 Avenue Heights, Basingstoke Road, Reading, 46.8% of property is privately rented and 23.2% is socially 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 6 Avenue Heights, Basingstoke Road, Reading, 20.1% of residents are recorded as possessing school level qualifications and 48.8% 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 6 Avenue Heights, Basingstoke Road, Reading, the average age was 33.9 and the most common age was 22.
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 6 Avenue Heights, Basingstoke 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 6 Avenue Heights, Basingstoke Road, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.