According to the public record, Flat 2, Eldon Lodge 196-200, Reading is a period leasehold apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Eldon Lodge, Kings Road, Reading, RG1.
Kings Road, Reading, RG1 is located within the RG1 postal district.
Flat 2, Eldon Lodge 196-200, Reading has a single entry in the Land Registry database from May 2006 and a single entry in the EPC database dated April 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 reasonable condition, we estimate the current sale value for Flat 2 Eldon Lodge 196-200 Reading as £327,764 and the rental value as £1,792 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 2 Eldon Lodge 196-200 Reading has increased by £544 (0.2%) and its rental value has increased by £107 per month (6.0%).
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 2, Eldon Lodge 196-200, Reading is in very good condition we estimate a sale value of £344,152 and rental value of £1,882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,820 and a rental value of £1,667 per month.
If you were able to purchase this property for the estimated value of £327,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,611 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 2, Eldon Lodge 196-200, Reading was last sold on 26 May 2006 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Eldon Lodge 196-200, Reading within a radius of 310 metres over the last 2 years.
The most recent example is Flat 82, 20, Kennet Street, Reading, RG1 4AQ, a Leasehold flat which sold for £365,000 in Mar 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Road, Reading, RG1 has a total of 830 addresses. According to our analysis of all the public data, Flat 2, Eldon Lodge 196-200, Reading is the 46th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in RG1.
Flat 2, Eldon Lodge 196-200, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Apr 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, Eldon Lodge 196-200, Reading is Reading station which is 1.0 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 2, Eldon Lodge 196-200, Reading, 69.0% of property is privately rented and 12.4% 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 2, Eldon Lodge 196-200, Reading, 17.1% of residents are recorded as possessing school level qualifications and 58.5% 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 2, Eldon Lodge 196-200, Reading, the average age was 33.3 and the most common age was 22.
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 2, Eldon Lodge 196-200, Reading, 1.9% 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 2, Eldon Lodge 196-200, 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.