According to the public record, Flat, 1A, The Parade Coppice Road, Reading is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The Parade Coppice Road, Woodley, Reading, RG5 is located within the RG5 postal district.
Flat, 1A, The Parade Coppice Road, Reading has 2 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated August 2023.
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 1A The Parade Coppice Road Reading as £225,778 and the rental value as £1,155 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 1A The Parade Coppice Road Reading has decreased by £220 (0.1%) and its rental value has increased by £50 per month (4.3%).
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, 1A, The Parade Coppice Road, Reading is in very good condition we estimate a sale value of £237,067 and rental value of £1,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,974 and a rental value of £1,074 per month.
If you were able to purchase this property for the estimated value of £225,778, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,110 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, 1A, The Parade Coppice Road, Reading was last sold on 04 Apr 2014 for £157,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 28.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat, 1A, The Parade Coppice Road, Reading within a radius of 620 metres over the last 2 years.
The most recent example is 26, Keswick Gardens, Reading, RG5 3QB, a Leasehold flat which sold for £285,000 in Aug 2023.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parade Coppice Road, Woodley, Reading, RG5 has a total of 8 addresses. According to our analysis of all the public data, Flat, 1A, The Parade Coppice Road, Reading is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in RG5.
Flat, 1A, The Parade Coppice Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Aug 2023.
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, 1A, The Parade Coppice Road, Reading is Winnersh Triangle station which is 900 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, 1A, The Parade Coppice Road, Reading, 47.3% of property is privately owned with a mortgage and 40.0% 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, 1A, The Parade Coppice Road, Reading, 17.5% of residents are recorded as possessing school level qualifications and 36.3% 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, 1A, The Parade Coppice Road, Reading, the average age was 41.1 and the most common age was 37.
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, 1A, The Parade Coppice Road, Reading, 1.6% 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, 1A, The Parade Coppice Road, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.