According to the public record, Flat 6, 63, South Street, Reading is a period leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 63, South Street, Reading, RG1.
South Street, Reading, RG1 is located within the RG1 postal district.
Flat 6, 63, South Street, Reading has 51 entries in the Land Registry database, most recently in September 2015 and a single entry in the EPC database dated April 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 6 63 South Street Reading as £254,652 and the rental value as £1,458 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 6 63 South Street Reading has increased by £204 (0.1%) and its rental value has increased by £86 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, 63, South Street, Reading is in very good condition we estimate a sale value of £267,384 and rental value of £1,531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,826 and a rental value of £1,356 per month.
If you were able to purchase this property for the estimated value of £254,652, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,252 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 6, 63, South Street, Reading was last sold on 18 Sep 2015 for £203,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2015, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 63, South Street, Reading within a radius of 310 metres over the last 2 years.
The most recent example is Flat 24, Kings Oak Court, Queens Road, Reading, RG1 4PX, a Leasehold flat which sold for £260,000 in Jan 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Reading, RG1 has a total of 195 addresses. According to our analysis of all the public data, Flat 6, 63, South Street, Reading is the 22nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in RG1.
Flat 6, 63, South Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 6, 63, South Street, Reading is Reading 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 6, 63, South Street, Reading, 79.8% of property is privately rented and 11.9% 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, 63, South Street, Reading, 13.9% of residents are recorded as possessing school level qualifications and 60.6% 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, 63, South Street, Reading, the average age was 33.3 and the most common age was 22.
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, 63, South Street, 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 6, 63, South 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.