According to the public record, Flat 5, 5, Westcote Road, Reading is a modern apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 5, Westcote Road, Reading, RG30.
Westcote Road, Reading, RG30 is located within the RG30 postal district.
Flat 5, 5, Westcote Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated May 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 5 5 Westcote Road Reading as £247,109 and the rental value as £1,293 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 5 5 Westcote Road Reading has decreased by £3,007 (1.2%) and its rental value has increased by £59 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 5, 5, Westcote Road, Reading is in very good condition we estimate a sale value of £259,465 and rental value of £1,358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,812 and a rental value of £1,203 per month.
If you were able to purchase this property for the estimated value of £247,109, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,214 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 5, Westcote Road, Reading within a radius of 440 metres over the last 2 years.
The most recent example is 9 Parkhouse Court, Parkhouse Lane, Reading, RG30 2AZ, a Leasehold flat which sold for £250,000 in Jun 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westcote Road, Reading, RG30 has a total of 194 addresses. According to our analysis of all the public data, Flat 5, 5, Westcote Road, Reading is the 68th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in RG30.
Flat 5, 5, Westcote Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, 5, Westcote Road, 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 5, 5, Westcote Road, Reading, 56.1% of property is privately rented and 16.2% 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, 5, Westcote Road, Reading, 12.7% of residents are recorded as possessing school level qualifications and 36.3% 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 5, 5, Westcote Road, 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 5, 5, Westcote Road, Reading, 0.5% 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, 5, Westcote Road, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.