According to the public record, 6, Cumber Place, Reading is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cumber Place, Theale, Reading, RG7 is located within the RG7 postal district.
6, Cumber Place, Reading has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated December 2016.
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 Cumber Place Reading as £241,514 and the rental value as £1,096 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 6 Cumber Place Reading has decreased by £525 (0.2%) and its rental value has increased by £57 per month (5.2%).
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, Cumber Place, Reading is in very good condition we estimate a sale value of £253,590 and rental value of £1,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,608 and a rental value of £1,019 per month.
If you were able to purchase this property for the estimated value of £241,514, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,187 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, Cumber Place, Reading was last sold on 10 Oct 2017 for £161,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Cumber Place, Reading within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 2 Angel Court, High Street, Reading, RG7 5JZ, a Leasehold flat which sold for £204,000 in Jun 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cumber Place, Theale, Reading, RG7 has a total of 26 addresses. According to our analysis of all the public data, 6, Cumber Place, Reading is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £283k less expensive than the average property in RG7.
6, Cumber Place, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 6, Cumber Place, Reading is Theale station which is 400 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 6, Cumber Place, Reading, 37.7% of property is privately owned with a mortgage and 30.6% 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 6, Cumber Place, Reading, 15.1% of residents are recorded as possessing school level qualifications and 35.9% 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, Cumber Place, Reading, the average age was 41.2 and the most common age was 52.
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, Cumber Place, 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 6, Cumber Place, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.