According to the public record, 108C, School Road, Reading is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 108, School Road, Tilehurst, Reading, RG31.
School Road, Tilehurst, Reading, RG31 is located within the RG31 postal district.
108C, School Road, Reading has 5 entries in the Land Registry database, most recently in May 2024 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 108C School Road Reading as £229,751 and the rental value as £1,151 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 108C School Road Reading has decreased by £1,121 (0.5%) and its rental value has increased by £66 per month (5.8%).
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 108C, School Road, Reading is in very good condition we estimate a sale value of £241,238 and rental value of £1,208 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,668 and a rental value of £1,070 per month.
If you were able to purchase this property for the estimated value of £229,751, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,129 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, 108C, School Road, Reading was last sold on 22 May 2024 for £227,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2024, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 108C, School Road, Reading within a radius of 540 metres over the last 2 years.
The most recent example is 108D, School Road, Reading, RG31 5AX, a Leasehold flat which sold for £240,000 in Jun 2024.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Road, Tilehurst, Reading, RG31 has a total of 108 addresses. According to our analysis of all the public data, 108C, School Road, Reading is the 70th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in RG31.
108C, School Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 108C, School Road, Reading is Tilehurst station which is 1.8 kilometres 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 108C, School Road, Reading, 42.8% of property is privately owned with a mortgage and 28.2% 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 108C, School Road, Reading, 25.2% of residents are recorded as possessing school level qualifications and 34.4% 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 108C, School Road, 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 108C, School 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 108C, School Road, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.