According to the public record, 1B, Kensington Road, Reading is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Kensington Road, Reading, RG30.
Kensington Road, Reading, RG30 is located within the RG30 postal district.
1B, Kensington Road, Reading has 21 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated April 2024.
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 1B Kensington Road Reading as £120,640 and the rental value as £747 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 1B Kensington Road Reading has increased by £579 (0.5%) and its rental value has increased by £47 per month (6.3%).
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 1B, Kensington Road, Reading is in very good condition we estimate a sale value of £126,672 and rental value of £785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,195 and a rental value of £695 per month.
If you were able to purchase this property for the estimated value of £120,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £593 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, 1B, Kensington Road, Reading was last sold on 25 Nov 2014 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2014, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 330 metres radius of 1B, Kensington Road, Reading over the last 2 years.
The most recent example is 4, Kensington Road, Reading, RG30 2SY, a Freehold house which sold for £280,000 in Feb 2022.
Read more about house prices in RG30.
Kensington Road, Reading, RG30 has a total of 107 addresses. According to our analysis of all the public data, 1B, Kensington Road, Reading is the 99th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in RG30.
1B, Kensington Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2024.
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 1B, Kensington Road, Reading is Reading West 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 1B, Kensington Road, Reading, 57.1% of property is privately rented and 22.7% is privately owned with a mortgage.
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 1B, Kensington Road, Reading, 21.8% of residents are recorded as possessing school level qualifications and 40.1% 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 1B, Kensington Road, Reading, the average age was 34 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 1B, Kensington 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 1B, Kensington Road, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.