According to the public record, Flat 1, 51, Argyle Road, Reading is a period leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 51, Argyle Road, Reading, RG1.
Argyle Road, Reading, RG1 is located within the RG1 postal district.
Flat 1, 51, Argyle Road, Reading has a single entry in the Land Registry database from March 2019 and a single entry in the EPC database dated June 2018.
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 51 Argyle Road Reading as £229,158 and the rental value as £1,331 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 1 51 Argyle Road Reading has increased by £931 (0.4%) and its rental value has increased by £83 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, 51, Argyle Road, Reading is in very good condition we estimate a sale value of £240,616 and rental value of £1,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,117 and a rental value of £1,238 per month.
If you were able to purchase this property for the estimated value of £229,158, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,126 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, 51, Argyle Road, Reading was last sold on 22 Mar 2019 for £169,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2019, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 51, Argyle Road, Reading within a radius of 380 metres over the last 2 years.
The most recent example is Flat 6, 51, Argyle Road, Reading, RG1 7YL, a Leasehold flat which sold for £245,000 in Oct 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Argyle Road, Reading, RG1 has a total of 39 addresses. According to our analysis of all the public data, Flat 1, 51, Argyle Road, Reading is the 28th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in RG1.
Flat 1, 51, Argyle Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 51, Argyle Road, Reading is Reading West station which is 200 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, 51, Argyle Road, Reading, 30.1% of property is privately owned with a mortgage and 25.7% is privately rented.
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, 51, Argyle Road, Reading, 23.6% of residents are recorded as possessing school level qualifications and 51.6% 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, 51, Argyle Road, Reading, the average age was 34 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 Flat 1, 51, Argyle 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 Flat 1, 51, Argyle Road, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.