According to the public record, Flat 1, 27-29, Church Road, Reading is a modern leasehold apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 27-29, Church Road, Caversham, Reading, RG4.
Church Road, Caversham, Reading, RG4 is located within the RG4 postal district.
Flat 1, 27-29, Church Road, Reading has a single entry in the Land Registry database from December 2009 and a single entry in the EPC database dated June 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 Flat 1 27-29 Church Road Reading as £170,949 and the rental value as £885 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 1 27-29 Church Road Reading has increased by £192 (0.1%) and its rental value has increased by £47 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 Flat 1, 27-29, Church Road, Reading is in very good condition we estimate a sale value of £179,497 and rental value of £929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,983 and a rental value of £823 per month.
If you were able to purchase this property for the estimated value of £170,949, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £840 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, Flat 1, 27-29, Church Road, Reading was last sold on 22 Dec 2009 for £138,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2009, the market for similar properties has risen 52.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 27-29, Church Road, Reading within a radius of 540 metres over the last 2 years.
The most recent example is 5D, Priory Avenue, Reading, RG4 7SE, a Leasehold flat which sold for £139,950 in Dec 2012.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Road, Caversham, Reading, RG4 has a total of 47 addresses. According to our analysis of all the public data, Flat 1, 27-29, Church Road, Reading is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £394k less expensive than the average property in RG4.
Flat 1, 27-29, Church Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2021.
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 Flat 1, 27-29, Church Road, 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 Flat 1, 27-29, Church Road, Reading, 45.7% of property is privately owned outright and 36.2% 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 Flat 1, 27-29, Church Road, Reading, 17.1% of residents are recorded as possessing school level qualifications and 67.5% 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 Flat 1, 27-29, Church Road, 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 Flat 1, 27-29, Church Road, Reading, 0.7% 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 Flat 1, 27-29, Church Road, 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.