According to the public record, Flat 11, Lansdowne House, Reading is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Lansdowne House, Moulsford Mews, Reading, RG30.
Moulsford Mews, Reading, RG30 is located within the RG30 postal district.
Flat 11, Lansdowne House, Reading has 3 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated July 2022.
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 11 Lansdowne House Reading as £231,866 and the rental value as £1,272 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 11 Lansdowne House Reading has decreased by £2,821 (1.2%) and its rental value has increased by £57 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 11, Lansdowne House, Reading is in very good condition we estimate a sale value of £243,459 and rental value of £1,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,635 and a rental value of £1,183 per month.
If you were able to purchase this property for the estimated value of £231,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,140 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 11, Lansdowne House, Reading was last sold on 14 Dec 2022 for £225,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Lansdowne House, Reading within a radius of 370 metres over the last 2 years.
The most recent example is Flat 5, Lansdowne House, Moulsford Mews, Reading, RG30 1ER, a Leasehold flat which sold for £211,000 in Mar 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moulsford Mews, Reading, RG30 has a total of 211 addresses. According to our analysis of all the public data, Flat 11, Lansdowne House, Reading is the 19th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in RG30.
Flat 11, Lansdowne House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 11, Lansdowne House, Reading is Reading West station which is 600 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 11, Lansdowne House, Reading, 45.8% of property is privately rented and 26.4% 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 11, Lansdowne House, Reading, 23.4% of residents are recorded as possessing school level qualifications and 23.4% 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 11, Lansdowne House, 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 11, Lansdowne House, Reading, 1.5% 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 11, Lansdowne House, Reading, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.