According to the public record, 8 Western Oaks, Kentwood Hill, Reading is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kentwood Hill, Tilehurst, Reading, RG31 is located within the RG31 postal district.
8 Western Oaks, Kentwood Hill, Reading has a single entry in the Land Registry database from February 2008 and a single entry in the EPC database dated September 2017.
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 Western Oaks Kentwood Hill Reading as £198,510 and the rental value as £1,089 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 8 Western Oaks Kentwood Hill Reading has decreased by £362 (0.2%) and its rental value has increased by £65 per month (5.9%).
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 Western Oaks, Kentwood Hill, Reading is in very good condition we estimate a sale value of £208,435 and rental value of £1,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,614 and a rental value of £1,013 per month.
If you were able to purchase this property for the estimated value of £198,510, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £976 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 Western Oaks, Kentwood Hill, Reading was last sold on 29 Feb 2008 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Western Oaks, Kentwood Hill, Reading within a radius of 710 metres over the last 2 years.
The most recent example is Flat 12, Wheeler Court, Armour Hill, Reading, RG31 6JB, a Leasehold flat which sold for £165,000 in Oct 2023.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kentwood Hill, Tilehurst, Reading, RG31 has a total of 169 addresses. According to our analysis of all the public data, 8 Western Oaks, Kentwood Hill, Reading is the 149th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £233k less expensive than the average property in RG31.
8 Western Oaks, Kentwood Hill, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2017.
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 Western Oaks, Kentwood Hill, Reading is Tilehurst 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 8 Western Oaks, Kentwood Hill, Reading, 41.3% of property is privately owned with a mortgage and 38.0% 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 Western Oaks, Kentwood Hill, Reading, 18.2% of residents are recorded as possessing school level qualifications and 42.4% 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 Western Oaks, Kentwood Hill, Reading, the average age was 41.7 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 8 Western Oaks, Kentwood Hill, 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 Western Oaks, Kentwood Hill, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.