According to the public record, Flat 11, Radnor House, Reading is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Radnor House, Rembrandt Way, Reading, RG1.
Rembrandt Way, Reading, RG1 is located within the RG1 postal district.
Flat 11, Radnor House, Reading has 51 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated May 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 reasonable condition, we estimate the current sale value for Flat 11 Radnor House Reading as £190,692 and the rental value as £1,155 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 11 Radnor House Reading has increased by £582 (0.3%) and its rental value has increased by £71 per month (6.1%).
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, Radnor House, Reading is in very good condition we estimate a sale value of £200,227 and rental value of £1,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,344 and a rental value of £1,074 per month.
If you were able to purchase this property for the estimated value of £190,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £937 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, Radnor House, Reading was last sold on 21 Nov 2019 for £207,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2019, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Radnor House, Reading within a radius of 520 metres over the last 2 years.
The most recent example is Flat 8, Ashdown House, Rembrandt Way, Reading, RG1 6QW, a Leasehold flat which sold for £205,000 in Feb 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rembrandt Way, Reading, RG1 has a total of 156 addresses. According to our analysis of all the public data, Flat 11, Radnor House, Reading is the 46th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in RG1.
Flat 11, Radnor House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 11, Radnor House, Reading is Reading West station which is 1.2 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 11, Radnor House, Reading, 36.7% of property is privately owned with a mortgage and 28.0% 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, Radnor House, Reading, 20.2% of residents are recorded as possessing school level qualifications and 51.2% 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, Radnor House, 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 11, Radnor House, 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 11, Radnor House, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.