According to the public record, 447C, Wokingham Road, Reading is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 447, Wokingham Road, Earley, Reading, RG6.
Wokingham Road, Earley, Reading, RG6 is located within the RG6 postal district.
447C, Wokingham Road, Reading has a single entry in the Land Registry database from September 2017 and a single entry in the EPC database dated May 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 447C Wokingham Road Reading as £141,223 and the rental value as £742 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 447C Wokingham Road Reading has increased by £329 (0.2%) and its rental value has increased by £37 per month (5.0%).
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 447C, Wokingham Road, Reading is in very good condition we estimate a sale value of £148,285 and rental value of £780 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,338 and a rental value of £690 per month.
If you were able to purchase this property for the estimated value of £141,223, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £694 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, 447C, Wokingham Road, Reading was last sold on 29 Sep 2017 for £205,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 447C, Wokingham Road, Reading within a radius of 660 metres over the last 2 years.
The most recent example is 17 Alexandra Place, South Lake Crescent, Reading, RG5 3DW, a Leasehold flat which sold for £157,500 in Jun 2023.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wokingham Road, Earley, Reading, RG6 has a total of 289 addresses. According to our analysis of all the public data, 447C, Wokingham Road, Reading is the 277th largest and the 285th most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in RG6.
447C, Wokingham Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 May 2017.
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 447C, Wokingham Road, Reading is Winnersh Triangle station which is 900 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 447C, Wokingham Road, Reading, 39.3% of property is privately owned with a mortgage and 37.4% 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 447C, Wokingham Road, Reading, 22.9% of residents are recorded as possessing school level qualifications and 47.8% 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 447C, Wokingham Road, Reading, the average age was 39.7 and the most common age was 42.
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 447C, Wokingham Road, Reading, 0.5% 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 447C, Wokingham Road, 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.