According to the public record, 7A, Blossom Lane, Reading is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 7, Blossom Lane, Theale, Reading, RG7.
Blossom Lane, Theale, Reading, RG7 is located within the RG7 postal district.
7A, Blossom Lane, Reading has 3 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated May 2013.
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 7A Blossom Lane Reading as £236,203 and the rental value as £1,126 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 7A Blossom Lane Reading has decreased by £144 (0.1%) and its rental value has increased by £69 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 7A, Blossom Lane, Reading is in very good condition we estimate a sale value of £248,013 and rental value of £1,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,669 and a rental value of £1,047 per month.
If you were able to purchase this property for the estimated value of £236,203, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,161 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, 7A, Blossom Lane, Reading was last sold on 05 May 2023 for £230,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7A, Blossom Lane, Reading within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 23A, Blossom Lane, Reading, RG7 5BB, a Leasehold flat which sold for £232,000 in Jun 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blossom Lane, Theale, Reading, RG7 has a total of 65 addresses. According to our analysis of all the public data, 7A, Blossom Lane, Reading is the 46th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £288k less expensive than the average property in RG7.
7A, Blossom Lane, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 May 2013.
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 7A, Blossom Lane, Reading is Theale 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 7A, Blossom Lane, Reading, 34.7% of property is privately owned with a mortgage and 29.8% 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 7A, Blossom Lane, Reading, 17.7% of residents are recorded as possessing school level qualifications and 29.2% 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 7A, Blossom Lane, Reading, the average age was 41.2 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 7A, Blossom Lane, 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 7A, Blossom Lane, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.