According to the public record, Flat 6, 258, Shinfield Road, Reading is a modern apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 258, Shinfield Road, Reading, RG2.
Shinfield Road, Reading, RG2 is located within the RG2 postal district.
Flat 6, 258, Shinfield Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated December 2020.
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 6 258 Shinfield Road Reading as £216,343 and the rental value as £1,182 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 6 258 Shinfield Road Reading has increased by £384 (0.2%) and its rental value has increased by £70 per month (5.9%).
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 6, 258, Shinfield Road, Reading is in very good condition we estimate a sale value of £227,160 and rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,199 and a rental value of £1,099 per month.
If you were able to purchase this property for the estimated value of £216,343, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,063 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 6, 258, Shinfield Road, Reading within a radius of 610 metres over the last 2 years.
The most recent example is Flat 17, Mansell Court, Shinfield Road, Reading, RG2 7DZ, a Leasehold flat which sold for £197,000 in May 2023.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shinfield Road, Reading, RG2 has a total of 253 addresses. According to our analysis of all the public data, Flat 6, 258, Shinfield Road, Reading is the 200th largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in RG2.
Flat 6, 258, Shinfield Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to Flat 6, 258, Shinfield Road, Reading is Earley station which is 2.6 kilometres 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 6, 258, Shinfield Road, Reading, 40.9% of property is socially rented and 26.8% is privately owned with a mortgage.
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 6, 258, Shinfield Road, Reading, 24.0% of residents are recorded as possessing school level qualifications and 30.1% 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 6, 258, Shinfield Road, Reading, the average age was 32.4 and the most common age was 17.
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 6, 258, Shinfield Road, 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 6, 258, Shinfield Road, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.