According to the public record, Flat 3, Hope Cottage, Reading is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hope Cottage, Reading Road, Woodcote, Reading, RG8.
Reading Road, Woodcote, Reading, RG8 is located in the borough of South Oxfordshire within the RG8 postal district.
Flat 3, Hope Cottage, Reading has 41 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated August 2013.
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 Hope Cottage Reading as £258,825 and the rental value as £1,192 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 3 Hope Cottage Reading has increased by £1,536 (0.6%) and its rental value has increased by £73 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, Hope Cottage, Reading is in very good condition we estimate a sale value of £271,767 and rental value of £1,252 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,708 and a rental value of £1,109 per month.
If you were able to purchase this property for the estimated value of £258,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,272 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, Hope Cottage, Reading was last sold on 29 Mar 2018 for £222,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2018, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Hope Cottage, Reading within a radius of 3.5 kilometres over the last 2 years.
The most recent example is Flat 3, Newman House, South Stoke Road, Reading, RG8 0PL, a Leasehold flat which sold for £238,000 in Jun 2021.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reading Road, Woodcote, Reading, RG8 has a total of 27 addresses. According to our analysis of all the public data, Flat 3, Hope Cottage, Reading is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £458k less expensive than the average property in RG8.
Flat 3, Hope Cottage, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2013.
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, Hope Cottage, Reading is Goring & Streatley station which is 4.7 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, Hope Cottage, Reading, 42.3% of property is privately owned outright and 33.3% 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, Hope Cottage, Reading, 41.5% of residents are recorded as possessing school level qualifications and 50.7% 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, Hope Cottage, Reading, the average age was 45.3 and the most common age was 52.
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, Hope Cottage, Reading, 3.6% 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, Hope Cottage, 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.