According to the public record, 8, Exbourne Road, Reading is a modern leasehold apartment and with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Exbourne Road, Reading, RG2 is located within the RG2 postal district.
8, Exbourne Road, Reading has 2 entries in the Land Registry database, most recently in May 2008 and a single entry in the EPC database dated December 2018.
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 8 Exbourne Road Reading as £152,409 and the rental value as £856 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 8 Exbourne Road Reading has increased by £209 (0.1%) and its rental value has increased by £51 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 8, Exbourne Road, Reading is in very good condition we estimate a sale value of £160,030 and rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,741 and a rental value of £796 per month.
If you were able to purchase this property for the estimated value of £152,409, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £749 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, 8, Exbourne Road, Reading was last sold on 14 May 2008 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2008, 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 8, Exbourne Road, Reading within a radius of 32m over the last 2 years.
The most recent example is 1, Rossington Place, Reading, RG2 8RQ, a Leasehold flat which sold for £112,000 in Oct 2023.
Read more about house prices in RG2.
Exbourne Road, Reading, RG2 has a total of 11 addresses. According to our analysis of all the public data, 8, Exbourne Road, Reading is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in RG2.
8, Exbourne Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Exbourne Road, Reading is Reading Green Park station which is 2.6 km 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 8, Exbourne Road, Reading, 59.7% of property is socially rented and 17.7% is privately owned outright.
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 8, Exbourne Road, Reading, 24.1% of residents are recorded as possessing school level qualifications and 20.5% 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 8, Exbourne Road, Reading, the average age was 34.2 and the most common age was 32.
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 8, Exbourne Road, 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 8, Exbourne 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.