According to the public record, Flat 4, Muylinda House 121, Reading is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Muylinda House, Oxford Road, Reading, RG1.
Oxford Road, Reading, RG1 is located within the RG1 postal district.
Flat 4, Muylinda House 121, Reading has a single entry in the Land Registry database from December 2008 and a single entry in the EPC database dated July 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 Muylinda House 121 Reading as £193,642 and the rental value as £1,110 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 4 Muylinda House 121 Reading has decreased by £2,686 (1.4%) and its rental value has increased by £48 per month (4.3%).
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, Muylinda House 121, Reading is in very good condition we estimate a sale value of £203,325 and rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,087 and a rental value of £1,032 per month.
If you were able to purchase this property for the estimated value of £193,642, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £952 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, Muylinda House 121, Reading was last sold on 04 Dec 2008 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2008, the market for similar properties has risen 43.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Muylinda House 121, Reading within a radius of 290 metres over the last 2 years.
The most recent example is Flat 92, Mayer House, Chatham Place, Reading, RG1 7AN, a Leasehold flat which sold for £195,000 in Mar 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oxford Road, Reading, RG1 has a total of 408 addresses. According to our analysis of all the public data, Flat 4, Muylinda House 121, Reading is the 296th largest and the 170th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in RG1.
Flat 4, Muylinda House 121, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2020.
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 4, Muylinda House 121, Reading is Reading West station which is 700 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 4, Muylinda House 121, Reading, 86.5% of property is privately rented and 6.1% is socially 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, Muylinda House 121, Reading, 10.8% of residents are recorded as possessing school level qualifications and 40.3% 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, Muylinda House 121, 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, Muylinda House 121, Reading, 0.0% 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, Muylinda House 121, Reading, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.