According to the public record, Flat 3, 17, Southcote Road, Reading is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 17, Southcote Road, Reading, RG30.
Southcote Road, Reading, RG30 is located within the RG30 postal district.
Flat 3, 17, Southcote Road, Reading has 31 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated December 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 reasonable condition, we estimate the current sale value for Flat 3 17 Southcote Road Reading as £231,595 and the rental value as £1,208 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3 17 Southcote Road Reading has increased by £1,219 (0.5%) and its rental value has increased by £77 per month (6.4%).
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 3, 17, Southcote Road, Reading is in very good condition we estimate a sale value of £243,174 and rental value of £1,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,383 and a rental value of £1,124 per month.
If you were able to purchase this property for the estimated value of £231,595, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,138 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 3, 17, Southcote Road, Reading was last sold on 07 Jun 2023 for £237,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2023, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 17, Southcote Road, Reading within a radius of 400 metres over the last 2 years.
The most recent example is 4 Hampton Towers, Southcote Road, Reading, RG30 2EW, a Leasehold flat which sold for £225,920 in Sep 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southcote Road, Reading, RG30 has a total of 364 addresses. According to our analysis of all the public data, Flat 3, 17, Southcote Road, Reading is the 98th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in RG30.
Flat 3, 17, Southcote Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2022.
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 3, 17, Southcote Road, Reading is Reading West station which is 600 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 3, 17, Southcote Road, Reading, 68.6% of property is privately rented and 17.7% 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 3, 17, Southcote Road, Reading, 12.8% of residents are recorded as possessing school level qualifications and 45.8% 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 3, 17, Southcote Road, Reading, the average age was 37.7 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 3, 17, Southcote Road, Reading, 0.4% 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 3, 17, Southcote 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.