According to the public record, First Floor Flat, 56, Norfolk Road, Reading is a period apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 56, Norfolk Road, Reading, RG30.
Norfolk Road, Reading, RG30 is located within the RG30 postal district.
First Floor Flat, 56, Norfolk Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated June 2017.
We combine this information with public data 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 First Floor Flat 56 Norfolk Road Reading as £149,356 and the rental value as £919 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of First Floor Flat 56 Norfolk Road Reading has increased by £365 (0.2%) and its rental value has increased by £56 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 First Floor Flat, 56, Norfolk Road, Reading is in very good condition we estimate a sale value of £156,824 and rental value of £965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,901 and a rental value of £855 per month.
If you were able to purchase this property for the estimated value of £149,356, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £734 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 56, Norfolk Road, Reading within a radius of 390 metres over the last 2 years.
The most recent example is Flat E, 136, Tilehurst Road, Reading, RG30 2LX, a Leasehold flat which sold for £138,000 in Apr 2017.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Road, Reading, RG30 has a total of 124 addresses. According to our analysis of all the public data, First Floor Flat, 56, Norfolk Road, Reading is the 116th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in RG30.
First Floor Flat, 56, Norfolk Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jun 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 First Floor Flat, 56, Norfolk Road, Reading is Reading West station which is 800 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 First Floor Flat, 56, Norfolk Road, Reading, 43.5% of property is privately rented and 25.4% 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 First Floor Flat, 56, Norfolk Road, Reading, 21.4% of residents are recorded as possessing school level qualifications and 27.0% 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 First Floor Flat, 56, Norfolk Road, Reading, the average age was 36.7 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 First Floor Flat, 56, Norfolk 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 First Floor Flat, 56, Norfolk Road, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.