Flat 1, The Old Bakery, Reading has a single entry in the Land Registry database from August 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
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, The Old Bakery, Reading is in very good condition we estimate a sale value of £173,317 and rental value of £1,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,510 and a rental value of £889 per month.
If you were able to purchase this property for the estimated value of £165,064, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £811 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, The Old Bakery, Reading was last sold on 12 Aug 2016 for £132,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, The Old Bakery, Reading within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1A , Great Lea Terrace, Reading, RG7 1PB, a Leasehold flat which sold for £168,950 in Oct 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Lea Terrace, Three Mile Cross, Reading, RG7 has a total of 12 addresses. According to our analysis of all the public data, Flat 1, The Old Bakery, Reading is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £360k less expensive than the average property in RG7.
According to the public record, Flat 1, The Old Bakery, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 493 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Old Bakery, Great Lea Terrace, Three Mile Cross, Reading, RG7.
Great Lea Terrace, Three Mile Cross, Reading, RG7 is located within the RG7 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 The Old Bakery Reading as £165,064 and the rental value as £956 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 1 The Old Bakery Reading has decreased by £32 (0.0%) and its rental value has increased by £55 per month (5.8%).
The closest station to Flat 1, The Old Bakery, Reading is Reading Green Park station which is 2.5 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, The Old Bakery, Reading, 42.6% of property is privately owned outright and 29.8% 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, The Old Bakery, Reading, 14.3% of residents are recorded as possessing school level qualifications and 22.4% 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, The Old Bakery, Reading, the average age was 37.6 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, The Old Bakery, Reading, 1.0% 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, The Old Bakery, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.