According to the public record, 6 Dean House, Reading is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Dean House, Erleigh Road, Reading, RG1.
Erleigh Road, Reading, RG1 is located within the RG1 postal district.
6 Dean House, Reading has 21 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated May 2019.
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 Dean House Reading as £284,917 and the rental value as £1,453 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 6 Dean House Reading has increased by £922 (0.3%) and its rental value has increased by £89 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 6 Dean House, Reading is in very good condition we estimate a sale value of £299,163 and rental value of £1,525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,973 and a rental value of £1,351 per month.
If you were able to purchase this property for the estimated value of £284,917, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,400 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 Dean House, Reading was last sold on 24 Nov 2014 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2014, the market for similar properties has risen 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Dean House, Reading within a radius of 440 metres over the last 2 years.
The most recent example is Flat 13, Shelley Court 46, London Road, Reading, RG1 5DG, a Leasehold flat which sold for £260,000 in Apr 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erleigh Road, Reading, RG1 has a total of 207 addresses. According to our analysis of all the public data, 6 Dean House, Reading is the 80th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in RG1.
6 Dean House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2019.
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 Dean House, Reading is Reading 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 6 Dean House, Reading, 50.4% of property is privately rented and 20.7% 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 Dean House, Reading, 25.5% of residents are recorded as possessing school level qualifications and 51.9% 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 Dean House, 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 Dean House, Reading, 2.6% 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 Dean House, 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.