According to the public record, Flat 3, Weir House, Newbury is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Weir House, Overbridge Square, Newbury, RG14.
Overbridge Square, Newbury, RG14 is located within the RG14 postal district.
Flat 3, Weir House, Newbury has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated August 2020.
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 good condition, we estimate the current sale value for Flat 3 Weir House Newbury as £228,257 and the rental value as £1,071 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 3 Weir House Newbury has increased by £2,188 (1.0%) and its rental value has increased by £32 per month (2.9%).
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, Weir House, Newbury is in very good condition we estimate a sale value of £239,670 and rental value of £1,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,279 and a rental value of £996 per month.
If you were able to purchase this property for the estimated value of £228,257, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,122 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, Weir House, Newbury was last sold on 06 May 2022 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, 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, Weir House, Newbury within a radius of 870 metres over the last 2 years.
The most recent example is Flat 21, Weir House, Overbridge Square, Newbury, RG14 5BP, a Leasehold flat which sold for £225,000 in Nov 2023.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Overbridge Square, Newbury, RG14 has a total of 133 addresses. According to our analysis of all the public data, Flat 3, Weir House, Newbury is the 43rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in RG14.
Flat 3, Weir House, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 3, Weir House, Newbury is Newbury Racecourse station which is 900 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, Weir House, Newbury, 38.8% of property is privately owned with a mortgage and 25.4% is privately owned outright.
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, Weir House, Newbury, 16.5% of residents are recorded as possessing school level qualifications and 41.0% 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, Weir House, Newbury, the average age was 37.9 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, Weir House, Newbury, 1.1% 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, Weir House, Newbury, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.