According to the public record, Flat 15, 12, Flagstaff Road, Reading is a modern leasehold apartment and with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12, Flagstaff Road, Reading, RG2.
Flagstaff Road, Reading, RG2 is located within the RG2 postal district.
Flat 15, 12, Flagstaff Road, Reading has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated June 2020.
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 good condition, we estimate the current sale value for Flat 15 12 Flagstaff Road Reading as £375,201 and the rental value as £1,725 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 15 12 Flagstaff Road Reading has decreased by £578 (0.2%) and its rental value has increased by £97 per month (5.6%).
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 15, 12, Flagstaff Road, Reading is in very good condition we estimate a sale value of £393,961 and rental value of £1,811 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,937 and a rental value of £1,604 per month.
If you were able to purchase this property for the estimated value of £375,201, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,844 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 15, 12, Flagstaff Road, Reading was last sold on 03 Aug 2020 for £365,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, 12, Flagstaff Road, Reading within a radius of 90m over the last 2 years.
The most recent example is Flat 5, 51, Champlain Street, Reading, RG2 6AE, a Leasehold flat which sold for £350,000 in Mar 2023.
Read more about house prices in RG2.
Flagstaff Road, Reading, RG2 has a total of 211 addresses. According to our analysis of all the public data, Flat 15, 12, Flagstaff Road, Reading is the 139th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in RG2.
Flat 15, 12, Flagstaff Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to Flat 15, 12, Flagstaff Road, Reading is Reading Green Park station which is 200 m 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 15, 12, Flagstaff Road, Reading, 70.1% of property is socially rented and 13.9% 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 15, 12, Flagstaff Road, Reading, 33.4% of residents are recorded as possessing school level qualifications and 21.7% 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 15, 12, Flagstaff Road, Reading, the average age was 34.2 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 15, 12, Flagstaff Road, 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 15, 12, Flagstaff Road, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.