According to the public record, Flat 1, 49, Watlington Street, Reading is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 49, Watlington Street, Reading, RG1.
Watlington Street, Reading, RG1 is located within the RG1 postal district.
Flat 1, 49, Watlington Street, Reading has 21 entries in the Land Registry database, most recently in April 2010 and a single entry in the EPC database dated August 2020.
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 49 Watlington Street Reading as £208,745 and the rental value as £1,230 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 1 49 Watlington Street Reading has increased by £872 (0.4%) and its rental value has increased by £77 per month (6.2%).
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, 49, Watlington Street, Reading is in very good condition we estimate a sale value of £219,182 and rental value of £1,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,133 and a rental value of £1,144 per month.
If you were able to purchase this property for the estimated value of £208,745, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,026 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, 49, Watlington Street, Reading was last sold on 30 Apr 2010 for £122,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2010, the market for similar properties has risen 36.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 49, Watlington Street, Reading within a radius of 290 metres over the last 2 years.
The most recent example is 8, Royal Court, Reading, RG1 4AE, a Leasehold flat which sold for £200,000 in Jul 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watlington Street, Reading, RG1 has a total of 156 addresses. According to our analysis of all the public data, Flat 1, 49, Watlington Street, Reading is the 58th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in RG1.
Flat 1, 49, Watlington Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2020.
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, 49, Watlington Street, Reading is Reading 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 Flat 1, 49, Watlington Street, Reading, 70.7% of property is privately rented and 18.1% 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, 49, Watlington Street, Reading, 12.4% of residents are recorded as possessing school level qualifications and 56.1% 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, 49, Watlington Street, Reading, the average age was 33.3 and the most common age was 22.
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, 49, Watlington Street, 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 Flat 1, 49, Watlington Street, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.