According to the public record, Flat 4, 27, Eastern Avenue, Reading is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 27, Eastern Avenue, Reading, RG1.
Eastern Avenue, Reading, RG1 is located within the RG1 postal district.
Flat 4, 27, Eastern Avenue, Reading has 51 entries in the Land Registry database, most recently in April 2020 and a single entry in the EPC database dated February 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 reasonable condition, we estimate the current sale value for Flat 4 27 Eastern Avenue Reading as £243,296 and the rental value as £1,356 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 4 27 Eastern Avenue Reading has increased by £792 (0.3%) and its rental value has increased by £79 per month (5.8%).
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 4, 27, Eastern Avenue, Reading is in very good condition we estimate a sale value of £255,460 and rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,265 and a rental value of £1,261 per month.
If you were able to purchase this property for the estimated value of £243,296, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,196 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 4, 27, Eastern Avenue, Reading was last sold on 23 Apr 2020 for £224,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2020, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 27, Eastern Avenue, Reading within a radius of 400 metres over the last 2 years.
The most recent example is 25 Farringdon Court, Erleigh Road, Reading, RG1 5NT, a Leasehold flat which sold for £267,500 in Feb 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Avenue, Reading, RG1 has a total of 159 addresses. According to our analysis of all the public data, Flat 4, 27, Eastern Avenue, Reading is the 121st largest and the 112th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in RG1.
Flat 4, 27, Eastern Avenue, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, 27, Eastern Avenue, Reading is Reading 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 4, 27, Eastern Avenue, Reading, 36.3% of property is privately owned outright and 35.4% is privately rented.
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 4, 27, Eastern Avenue, Reading, 23.0% of residents are recorded as possessing school level qualifications and 60.8% 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 4, 27, Eastern Avenue, Reading, the average age was 33.3 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 4, 27, Eastern Avenue, Reading, 3.2% 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 4, 27, Eastern Avenue, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.