According to the public record, 5D, Priory Avenue, Reading is a period leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 5, Priory Avenue, Caversham, Reading, RG4.
Priory Avenue, Caversham, Reading, RG4 is located within the RG4 postal district.
5D, Priory Avenue, Reading has a single entry in the Land Registry database from December 2012 and a single entry in the EPC database dated October 2021.
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 5D Priory Avenue Reading as £193,734 and the rental value as £906 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 5D Priory Avenue Reading has increased by £218 (0.1%) and its rental value has increased by £49 per month (5.4%).
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 5D, Priory Avenue, Reading is in very good condition we estimate a sale value of £203,420 and rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,172 and a rental value of £843 per month.
If you were able to purchase this property for the estimated value of £193,734, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £952 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, 5D, Priory Avenue, Reading was last sold on 07 Dec 2012 for £139,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2012, the market for similar properties has risen 50.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5D, Priory Avenue, Reading within a radius of 510 metres over the last 2 years.
The most recent example is Flat 2, Academy Court 36B, Church Street, Reading, RG4 8AU, a Leasehold flat which sold for £147,000 in Dec 2010.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priory Avenue, Caversham, Reading, RG4 has a total of 71 addresses. According to our analysis of all the public data, 5D, Priory Avenue, Reading is the 63rd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £371k less expensive than the average property in RG4.
5D, Priory Avenue, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Oct 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 5D, Priory Avenue, Reading is Reading station which is 1.1 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 5D, Priory Avenue, Reading, 41.3% of property is privately owned with a mortgage and 30.6% 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 5D, Priory Avenue, Reading, 19.9% of residents are recorded as possessing school level qualifications and 69.8% 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 5D, Priory Avenue, Reading, the average age was 41 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 5D, Priory Avenue, 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 5D, Priory Avenue, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.