According to the public record, Flat 5, Warwick House, Reading is a period leasehold apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Warwick House, Church Street, Theale, Reading, RG7.
Church Street, Theale, Reading, RG7 is located within the RG7 postal district.
Flat 5, Warwick House, Reading has 3 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated October 2018.
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 Warwick House Reading as £155,444 and the rental value as £844 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 5 Warwick House Reading has increased by £866 (0.6%) and its rental value has increased by £51 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, Warwick House, Reading is in very good condition we estimate a sale value of £163,217 and rental value of £886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,563 and a rental value of £785 per month.
If you were able to purchase this property for the estimated value of £155,444, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £764 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, Warwick House, Reading was last sold on 09 Jul 2019 for £132,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2019, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Warwick House, Reading within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Flat 4, Warwick House, Church Street, Reading, RG7 5BX, a Leasehold flat which sold for £167,000 in Dec 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Street, Theale, Reading, RG7 has a total of 96 addresses. According to our analysis of all the public data, Flat 5, Warwick House, Reading is the 95th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £369k less expensive than the average property in RG7.
Flat 5, Warwick House, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 5, Warwick House, Reading is Theale station which is 500 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, Warwick House, Reading, 48.4% of property is privately owned with a mortgage and 22.3% 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 5, Warwick House, Reading, 19.7% of residents are recorded as possessing school level qualifications and 36.0% 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, Warwick House, Reading, the average age was 41.2 and the most common age was 52.
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, Warwick House, 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 5, Warwick House, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.