According to the public record, Flat 1, Pineridge Gardens 15, Reading is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Pineridge Gardens, Westcote Road, Reading, RG30.
Westcote Road, Reading, RG30 is located within the RG30 postal district.
Flat 1, Pineridge Gardens 15, Reading has 51 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated October 2016.
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 Pineridge Gardens 15 Reading as £214,214 and the rental value as £1,149 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 1 Pineridge Gardens 15 Reading has decreased by £2,607 (1.2%) and its rental value has increased by £52 per month (4.5%).
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, Pineridge Gardens 15, Reading is in very good condition we estimate a sale value of £224,925 and rental value of £1,206 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,219 and a rental value of £1,068 per month.
If you were able to purchase this property for the estimated value of £214,214, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,053 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, Pineridge Gardens 15, Reading was last sold on 31 Mar 2017 for £249,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Mar 2017, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Pineridge Gardens 15, Reading within a radius of 450 metres over the last 2 years.
The most recent example is Flat 41, Priory Point 36, Southcote Lane, Reading, RG30 3ES, a Leasehold flat which sold for £210,000 in Oct 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westcote Road, Reading, RG30 has a total of 194 addresses. According to our analysis of all the public data, Flat 1, Pineridge Gardens 15, Reading is the 156th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in RG30.
Flat 1, Pineridge Gardens 15, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2016.
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, Pineridge Gardens 15, 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 Flat 1, Pineridge Gardens 15, Reading, 56.1% of property is privately rented and 16.2% is privately owned outright.
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, Pineridge Gardens 15, Reading, 12.7% of residents are recorded as possessing school level qualifications and 36.3% 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, Pineridge Gardens 15, Reading, the average age was 37.7 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 Flat 1, Pineridge Gardens 15, Reading, 0.5% 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, Pineridge Gardens 15, 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.