According to the public record, Flat 12, Sandford Court 6, Reading is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Sandford Court, Headley Road, Woodley, Reading, RG5.
Headley Road, Woodley, Reading, RG5 is located within the RG5 postal district.
Flat 12, Sandford Court 6, Reading has 4 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated May 2021.
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 12 Sandford Court 6 Reading as £184,456 and the rental value as £964 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 12 Sandford Court 6 Reading has decreased by £3,074 (1.7%) and its rental value has increased by £25 per month (2.6%).
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 12, Sandford Court 6, Reading is in very good condition we estimate a sale value of £193,679 and rental value of £1,012 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,544 and a rental value of £897 per month.
If you were able to purchase this property for the estimated value of £184,456, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £907 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 12, Sandford Court 6, Reading was last sold on 20 Jan 2023 for £190,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Sandford Court 6, Reading within a radius of 620 metres over the last 2 years.
The most recent example is Flat 4, Sandford Court 6, Headley Road, Reading, RG5 4JA, a Leasehold flat which sold for £185,000 in Feb 2023.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Headley Road, Woodley, Reading, RG5 has a total of 93 addresses. According to our analysis of all the public data, Flat 12, Sandford Court 6, Reading is the 88th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £259k less expensive than the average property in RG5.
Flat 12, Sandford Court 6, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2021.
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 12, Sandford Court 6, Reading is Earley station which is 1.7 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 12, Sandford Court 6, Reading, 43.7% of property is privately owned outright and 31.1% 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 12, Sandford Court 6, Reading, 20.1% of residents are recorded as possessing school level qualifications and 37.6% 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 12, Sandford Court 6, Reading, the average age was 40.3 and the most common age was 7.
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 12, Sandford Court 6, Reading, 0.8% 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 12, Sandford Court 6, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.