According to the public record, Flat 5, 28, Argyle Street, Reading is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 28, Argyle Street, Reading, RG1.
Argyle Street, Reading, RG1 is located within the RG1 postal district.
Flat 5, 28, Argyle Street, Reading has a single entry in the Land Registry database from May 2011 and a single entry in the EPC database dated October 2021.
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 5 28 Argyle Street Reading as £250,692 and the rental value as £1,129 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 5 28 Argyle Street Reading has increased by £723 (0.3%) and its rental value has increased by £69 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 5, 28, Argyle Street, Reading is in very good condition we estimate a sale value of £263,227 and rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,144 and a rental value of £1,050 per month.
If you were able to purchase this property for the estimated value of £250,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,232 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 5, 28, Argyle Street, Reading was last sold on 25 May 2011 for £149,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 46.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 28, Argyle Street, Reading within a radius of 350 metres over the last 2 years.
The most recent example is Flat 1, 4, Prospect Mews, Reading, RG1 7NN, a Leasehold flat which sold for £230,000 in May 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Argyle Street, Reading, RG1 has a total of 74 addresses. According to our analysis of all the public data, Flat 5, 28, Argyle Street, Reading is the 43rd largest and the 37th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in RG1.
Flat 5, 28, Argyle Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 5, 28, Argyle Street, Reading is Reading West station which is 100 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 5, 28, Argyle Street, Reading, 63.0% of property is privately rented and 15.8% is privately owned outright.
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 5, 28, Argyle Street, Reading, 7.1% of residents are recorded as possessing school level qualifications and 38.1% 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 5, 28, Argyle Street, Reading, the average age was 34 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 5, 28, Argyle Street, Reading, 1.0% 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 5, 28, Argyle Street, Reading, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.