According to the public record, 72, Luscinia View, Reading is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Luscinia View, Reading, RG1 is located within the RG1 postal district.
72, Luscinia View, Reading has a single entry in the Land Registry database from June 2014 and a single entry in the EPC database dated January 2020.
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 72 Luscinia View Reading as £296,661 and the rental value as £1,463 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 72 Luscinia View Reading has increased by £507 (0.2%) and its rental value has increased by £87 per month (6.0%).
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 72, Luscinia View, Reading is in very good condition we estimate a sale value of £311,494 and rental value of £1,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,895 and a rental value of £1,360 per month.
If you were able to purchase this property for the estimated value of £296,661, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,458 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, 72, Luscinia View, Reading was last sold on 02 Jun 2014 for £244,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2014, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Luscinia View, Reading within a radius of 580 metres over the last 2 years.
The most recent example is 63, Luscinia View, Reading, RG1 8AE, a Leasehold flat which sold for £300,000 in Apr 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luscinia View, Reading, RG1 has a total of 147 addresses. According to our analysis of all the public data, 72, Luscinia View, Reading is the 116th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £465 more expensive than the average property in RG1.
72, Luscinia View, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 72, Luscinia View, Reading is Reading station which is 900 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 72, Luscinia View, Reading, 49.1% of property is privately rented and 34.2% 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 72, Luscinia View, Reading, 20.7% of residents are recorded as possessing school level qualifications and 60.1% 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 72, Luscinia View, 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 72, Luscinia View, Reading, 0.8% 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 72, Luscinia View, 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.