According to the public record, Flat 31, Foley Hall 58-60, Reading is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Foley Hall, London Road, Reading, RG1.
London Road, Reading, RG1 is located within the RG1 postal district.
Flat 31, Foley Hall 58-60, Reading has a single entry in the Land Registry database from June 2007 and a single entry in the EPC database dated September 2019.
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 31 Foley Hall 58-60 Reading as £170,326 and the rental value as £1,048 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 31 Foley Hall 58-60 Reading has increased by £551 (0.3%) and its rental value has increased by £64 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 31, Foley Hall 58-60, Reading is in very good condition we estimate a sale value of £178,842 and rental value of £1,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,403 and a rental value of £975 per month.
If you were able to purchase this property for the estimated value of £170,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £837 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 31, Foley Hall 58-60, Reading was last sold on 22 Jun 2007 for £156,666 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, Foley Hall 58-60, Reading within a radius of 410 metres over the last 2 years.
The most recent example is Flat 12, Charles Place 246, Kings Road, Reading, RG1 4NZ, a Leasehold flat which sold for £200,000 in Jul 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Reading, RG1 has a total of 512 addresses. According to our analysis of all the public data, Flat 31, Foley Hall 58-60, Reading is the 352nd largest and the 382nd most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in RG1.
Flat 31, Foley Hall 58-60, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 31, Foley Hall 58-60, Reading is Reading station which is 1.3 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 31, Foley Hall 58-60, Reading, 63.8% of property is privately rented and 22.4% 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 31, Foley Hall 58-60, Reading, 18.1% of residents are recorded as possessing school level qualifications and 70.2% 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 31, Foley Hall 58-60, 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 31, Foley Hall 58-60, Reading, 3.4% 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 31, Foley Hall 58-60, 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.