According to the public record, 7, Stratheden Place, Reading is a modern leasehold apartment with 593 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Stratheden Place, Reading, RG1 is located within the RG1 postal district.
7, Stratheden Place, Reading has 21 entries in the Land Registry database, most recently in July 2012 and a single entry in the EPC database dated February 2011.
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 7 Stratheden Place Reading as £214,316 and the rental value as £1,260 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 7 Stratheden Place Reading has increased by £696 (0.3%) and its rental value has increased by £77 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 7, Stratheden Place, Reading is in very good condition we estimate a sale value of £225,032 and rental value of £1,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,314 and a rental value of £1,172 per month.
If you were able to purchase this property for the estimated value of £214,316, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,053 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, 7, Stratheden Place, Reading was last sold on 20 Jul 2012 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2012, the market for similar properties has risen 39.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Stratheden Place, Reading within a radius of 340 metres over the last 2 years.
The most recent example is 8, Stratheden Place, Reading, RG1 7BH, a Leasehold flat which sold for £230,000 in Sep 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stratheden Place, Reading, RG1 has a total of 44 addresses. According to our analysis of all the public data, 7, Stratheden Place, Reading is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in RG1.
7, Stratheden Place, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2011.
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 7, Stratheden Place, Reading is Reading station which is 600 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 7, Stratheden Place, Reading, 62.2% of property is privately rented and 20.0% 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 7, Stratheden Place, Reading, 16.0% of residents are recorded as possessing school level qualifications and 49.0% 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 7, Stratheden Place, Reading, the average age was 33.3 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 7, Stratheden Place, 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 7, Stratheden Place, Reading, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.