According to the public record, Flat 25, 20, Carraway Street, Reading is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 20, Carraway Street, Reading, RG1.
Carraway Street, Reading, RG1 is located within the RG1 postal district.
Flat 25, 20, Carraway Street, Reading has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated January 2022.
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 25 20 Carraway Street Reading as £445,732 and the rental value as £1,889 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 25 20 Carraway Street Reading has decreased by £6,733 (1.5%) and its rental value has increased by £79 per month (4.2%).
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 25, 20, Carraway Street, Reading is in very good condition we estimate a sale value of £468,019 and rental value of £1,984 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,531 and a rental value of £1,757 per month.
If you were able to purchase this property for the estimated value of £445,732, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,191 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 25, 20, Carraway Street, Reading was last sold on 29 Mar 2022 for £495,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 25, 20, Carraway Street, Reading within a radius of 350 metres over the last 2 years.
The most recent example is Flat 37, 25, Carraway Street, Reading, RG1 3GQ, a Leasehold flat which sold for £300,700 in Sep 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carraway Street, Reading, RG1 has a total of 214 addresses. According to our analysis of all the public data, Flat 25, 20, Carraway Street, Reading is the 19th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in RG1.
Flat 25, 20, Carraway Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 25, 20, Carraway Street, Reading is Reading station which is 800 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 25, 20, Carraway Street, Reading, 59.5% of property is privately rented and 28.0% 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 25, 20, Carraway Street, Reading, 15.7% of residents are recorded as possessing school level qualifications and 79.5% 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 25, 20, Carraway Street, 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 25, 20, Carraway Street, 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 25, 20, Carraway Street, 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.