According to the public record, Flat 69, 20, Kennet Street, Reading is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 20, Kennet Street, Reading, RG1.
Kennet Street, Reading, RG1 is located within the RG1 postal district.
Flat 69, 20, Kennet Street, Reading has 3 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated October 2022.
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 69 20 Kennet Street Reading as £291,333 and the rental value as £1,467 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 69 20 Kennet Street Reading has increased by £951 (0.3%) and its rental value has increased by £90 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 69, 20, Kennet Street, Reading is in very good condition we estimate a sale value of £305,900 and rental value of £1,541 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,940 and a rental value of £1,365 per month.
If you were able to purchase this property for the estimated value of £291,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,432 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 69, 20, Kennet Street, Reading was last sold on 31 Aug 2023 for £305,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 69, 20, Kennet Street, Reading within a radius of 270 metres over the last 2 years.
The most recent example is Flat 22, 20, Kennet Street, Reading, RG1 4AQ, a Leasehold flat which sold for £310,000 in Feb 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kennet Street, Reading, RG1 has a total of 82 addresses. According to our analysis of all the public data, Flat 69, 20, Kennet Street, Reading is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in RG1.
Flat 69, 20, Kennet Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Oct 2022.
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 69, 20, Kennet Street, Reading is Reading station which is 900 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 69, 20, Kennet Street, Reading, 71.0% of property is privately rented and 18.7% 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 69, 20, Kennet Street, Reading, 10.5% of residents are recorded as possessing school level qualifications and 73.3% 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 69, 20, Kennet 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 69, 20, Kennet Street, 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 69, 20, Kennet 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.