According to the public record, Flat 1, Elizabeth House 17, Reading is a modern leasehold apartment and with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elizabeth House, Austen Grove, Arborfield Green, Reading, RG2.
Austen Grove, Arborfield Green, Reading, RG2 is located within the RG2 postal district.
Flat 1, Elizabeth House 17, Reading has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated September 2019.
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 good condition, we estimate the current sale value for Flat 1 Elizabeth House 17 Reading as £272,789 and the rental value as £1,355 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 1 Elizabeth House 17 Reading has increased by £3,096 (1.1%) and its rental value has increased by £64 per month (4.7%).
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, Elizabeth House 17, Reading is in very good condition we estimate a sale value of £286,428 and rental value of £1,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,694 and a rental value of £1,260 per month.
If you were able to purchase this property for the estimated value of £272,789, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,341 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, Elizabeth House 17, Reading was last sold on 21 Feb 2020 for £254,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Elizabeth House 17, Reading within a radius of 59m over the last 2 years.
The most recent example is Flat 8, Elizabeth House 17, Austen Grove, Reading, RG2 9UR, a Leasehold flat which sold for £275,000 in Aug 2022.
Read more about house prices in RG2.
Austen Grove, Arborfield Green, Reading, RG2 has a total of 29 addresses. According to our analysis of all the public data, Flat 1, Elizabeth House 17, Reading is the 21st largest and the 18th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in RG2.
Flat 1, Elizabeth House 17, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, Elizabeth House 17, Reading is Wokingham station which is 5.5 km 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, Elizabeth House 17, Reading, 70.3% of property is socially rented and 10.8% 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, Elizabeth House 17, Reading, 29.3% of residents are recorded as possessing school level qualifications and 21.9% 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, Elizabeth House 17, Reading, the average age was 37 and the most common age was 12.
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, Elizabeth House 17, 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, Elizabeth House 17, 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.