According to the public record, Flat 3, 96, Elm Road, Reading is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 96, Elm Road, Earley, Reading, RG6.
Elm Road, Earley, Reading, RG6 is located within the RG6 postal district.
Flat 3, 96, Elm Road, Reading has 3 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated August 2014.
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 96 Elm Road Reading as £199,243 and the rental value as £894 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 3 96 Elm Road Reading has increased by £934 (0.5%) and its rental value has increased by £49 per month (5.5%).
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, 96, Elm Road, Reading is in very good condition we estimate a sale value of £209,205 and rental value of £939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,296 and a rental value of £831 per month.
If you were able to purchase this property for the estimated value of £199,243, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £979 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, 96, Elm Road, Reading was last sold on 26 Jul 2023 for £190,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 96, Elm Road, Reading within a radius of 620 metres over the last 2 years.
The most recent example is 21, Emmbrook Court, Reading, RG6 5TZ, a Leasehold flat which sold for £160,000 in Jul 2023.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Road, Earley, Reading, RG6 has a total of 70 addresses. According to our analysis of all the public data, Flat 3, 96, Elm Road, Reading is the 70th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £275k less expensive than the average property in RG6.
Flat 3, 96, Elm Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 96, Elm Road, Reading is Earley station which is 1.9 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, 96, Elm Road, Reading, 54.6% of property is privately owned outright and 30.3% 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, 96, Elm Road, Reading, 21.0% of residents are recorded as possessing school level qualifications and 57.0% 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, 96, Elm Road, Reading, the average age was 37.1 and the most common age was 42.
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, 96, Elm Road, Reading, 1.7% 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, 96, Elm Road, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.