According to the public record, Flat 3, 21, East Street, Reading is a modern leasehold apartment with 258 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 21, East Street, Reading, RG1.
East Street, Reading, RG1 is located within the RG1 postal district.
Flat 3, 21, East Street, Reading has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated July 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 21 East Street Reading as £135,450 and the rental value as £820 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 3 21 East Street Reading has increased by £411 (0.3%) and its rental value has increased by £50 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, 21, East Street, Reading is in very good condition we estimate a sale value of £142,222 and rental value of £862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,968 and a rental value of £763 per month.
If you were able to purchase this property for the estimated value of £135,450, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £666 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, 21, East Street, Reading was last sold on 31 Aug 2022 for £148,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 21, East Street, Reading within a radius of 320 metres over the last 2 years.
The most recent example is Flat 1, 21, East Street, Reading, RG1 4FF, a Leasehold flat which sold for £145,000 in May 2021.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Street, Reading, RG1 has a total of 107 addresses. According to our analysis of all the public data, Flat 3, 21, East Street, Reading is the 105th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in RG1.
Flat 3, 21, East Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using No system present: electric heaters assumed, electric.
The closest station to Flat 3, 21, East 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 3, 21, East Street, Reading, 63.9% of property is privately rented and 15.3% is socially rented.
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, 21, East Street, Reading, 23.7% of residents are recorded as possessing school level qualifications and 62.2% 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, 21, East 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 3, 21, East Street, 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, 21, East Street, Reading, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.