According to the public record, Flat 38, West Fryerne, Reading is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in West Fryerne, Parkside Road, Reading, RG30.
Parkside Road, Reading, RG30 is located within the RG30 postal district.
Flat 38, West Fryerne, Reading has 51 entries in the Land Registry database, most recently in December 2012 and a single entry in the EPC database dated May 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 38 West Fryerne Reading as £210,723 and the rental value as £1,203 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 38 West Fryerne Reading has decreased by £2,564 (1.2%) and its rental value has increased by £54 per month (4.5%).
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 38, West Fryerne, Reading is in very good condition we estimate a sale value of £221,259 and rental value of £1,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,972 and a rental value of £1,119 per month.
If you were able to purchase this property for the estimated value of £210,723, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,036 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 38, West Fryerne, Reading was last sold on 20 Dec 2012 for £152,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2012, the market for similar properties has risen 42.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, West Fryerne, Reading within a radius of 430 metres over the last 2 years.
The most recent example is Flat 23, West Fryerne, Parkside Road, Reading, RG30 2BY, a Leasehold flat which sold for £215,000 in Jul 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkside Road, Reading, RG30 has a total of 117 addresses. According to our analysis of all the public data, Flat 38, West Fryerne, Reading is the 55th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in RG30.
Flat 38, West Fryerne, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 May 2022.
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 38, West Fryerne, Reading is Reading West station which is 800 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 38, West Fryerne, Reading, 43.2% of property is privately rented and 24.7% 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 38, West Fryerne, Reading, 18.7% of residents are recorded as possessing school level qualifications and 41.1% 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 38, West Fryerne, Reading, the average age was 37.7 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 38, West Fryerne, Reading, 0.6% 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 38, West Fryerne, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.