According to the public record, Flat 40, Greenham Mill, Newbury is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Greenham Mill, Mill Lane, Newbury, RG14.
Mill Lane, Newbury, RG14 is located within the RG14 postal district.
Flat 40, Greenham Mill, Newbury has 31 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated August 2017.
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 40 Greenham Mill Newbury as £190,959 and the rental value as £917 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 40 Greenham Mill Newbury has decreased by £1,869 (1.0%) and its rental value has increased by £7 per month (0.8%).
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 40, Greenham Mill, Newbury is in very good condition we estimate a sale value of £200,507 and rental value of £963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,592 and a rental value of £853 per month.
If you were able to purchase this property for the estimated value of £190,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £939 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 40, Greenham Mill, Newbury was last sold on 27 Nov 2017 for £199,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2017, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Greenham Mill, Newbury within a radius of 590 metres over the last 2 years.
The most recent example is Flat 19, Greenham Mill, Mill Lane, Newbury, RG14 5QW, a Leasehold flat which sold for £196,000 in Oct 2023.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Newbury, RG14 has a total of 119 addresses. According to our analysis of all the public data, Flat 40, Greenham Mill, Newbury is the 84th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in RG14.
Flat 40, Greenham Mill, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2017.
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 40, Greenham Mill, Newbury is Newbury Racecourse station which is 600 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 40, Greenham Mill, Newbury, 47.5% of property is privately rented and 19.0% 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 40, Greenham Mill, Newbury, 7.4% of residents are recorded as possessing school level qualifications and 45.1% 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 40, Greenham Mill, 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 40, Greenham Mill, Newbury, 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 40, Greenham Mill, Newbury, 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.