According to the public record, Flat 3, 23, Alexandra Road, Reading is a period leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 23, Alexandra Road, Reading, RG1.
Alexandra Road, Reading, RG1 is located within the RG1 postal district.
Flat 3, 23, Alexandra Road, Reading has 2 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated July 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 23 Alexandra Road Reading as £234,761 and the rental value as £1,384 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 3 23 Alexandra Road Reading has increased by £167 (0.1%) and its rental value has increased by £81 per month (5.9%).
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, 23, Alexandra Road, Reading is in very good condition we estimate a sale value of £246,499 and rental value of £1,453 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,328 and a rental value of £1,287 per month.
If you were able to purchase this property for the estimated value of £234,761, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,154 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, 23, Alexandra Road, Reading was last sold on 10 Oct 2014 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2014, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 23, Alexandra Road, Reading within a radius of 390 metres over the last 2 years.
The most recent example is Flat A, 3, Alexandra Road, Reading, RG1 5PE, a Leasehold flat which sold for £315,000 in Sep 2018.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Road, Reading, RG1 has a total of 181 addresses. According to our analysis of all the public data, Flat 3, 23, Alexandra Road, Reading is the 60th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in RG1.
Flat 3, 23, Alexandra Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 23, Alexandra Road, Reading is Reading station which is 1.5 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, 23, Alexandra Road, Reading, 50.4% of property is privately rented and 20.7% 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, 23, Alexandra Road, Reading, 25.5% of residents are recorded as possessing school level qualifications and 51.9% 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, 23, Alexandra Road, Reading, the average age was 33.9 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, 23, Alexandra Road, Reading, 2.6% 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, 23, Alexandra 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.