According to the public record, Flat 3, 196, Tilehurst Road, Reading is a period leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 196, Tilehurst Road, Reading, RG30.
Tilehurst Road, Reading, RG30 is located within the RG30 postal district.
Flat 3, 196, Tilehurst Road, Reading has 2 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated June 2015.
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 3 196 Tilehurst Road Reading as £179,345 and the rental value as £990 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 3 196 Tilehurst Road Reading has increased by £438 (0.2%) and its rental value has increased by £60 per month (6.1%).
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, 196, Tilehurst Road, Reading is in very good condition we estimate a sale value of £188,313 and rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,791 and a rental value of £921 per month.
If you were able to purchase this property for the estimated value of £179,345, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £881 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, 196, Tilehurst Road, Reading was last sold on 08 Aug 2018 for £177,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 196, Tilehurst Road, Reading within a radius of 480 metres over the last 2 years.
The most recent example is 127, Elm Park, Reading, RG30 2HU, a Leasehold flat which sold for £175,000 in Nov 2022.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tilehurst Road, Reading, RG30 has a total of 209 addresses. According to our analysis of all the public data, Flat 3, 196, Tilehurst Road, Reading is the 183rd largest and the 175th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in RG30.
Flat 3, 196, Tilehurst Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2015.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 196, Tilehurst Road, Reading is Reading West 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 3, 196, Tilehurst Road, Reading, 50.8% of property is privately rented and 29.2% 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, 196, Tilehurst Road, Reading, 13.0% of residents are recorded as possessing school level qualifications and 45.2% 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, 196, Tilehurst Road, Reading, the average age was 36.7 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, 196, Tilehurst 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, 196, Tilehurst 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.