According to the public record, Flat 8, Ashdown House, Reading is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ashdown House, Rembrandt Way, Reading, RG1.
Rembrandt Way, Reading, RG1 is located within the RG1 postal district.
Flat 8, Ashdown House, Reading has 51 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated June 2017.
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 8 Ashdown House Reading as £189,151 and the rental value as £1,159 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 8 Ashdown House Reading has increased by £577 (0.3%) and its rental value has increased by £71 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 8, Ashdown House, Reading is in very good condition we estimate a sale value of £198,608 and rental value of £1,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,910 and a rental value of £1,078 per month.
If you were able to purchase this property for the estimated value of £189,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £930 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 8, Ashdown House, Reading was last sold on 13 Feb 2024 for £205,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2024, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Ashdown House, Reading within a radius of 520 metres over the last 2 years.
The most recent example is Flat 7, Ashdown House, Rembrandt Way, Reading, RG1 6QW, a Leasehold flat which sold for £190,000 in Jul 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rembrandt Way, Reading, RG1 has a total of 156 addresses. According to our analysis of all the public data, Flat 8, Ashdown House, Reading is the 83rd largest and the 124th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in RG1.
Flat 8, Ashdown House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 8, Ashdown House, Reading is Reading West station which is 1.2 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 8, Ashdown House, Reading, 36.7% of property is privately owned with a mortgage and 28.0% 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 8, Ashdown House, Reading, 20.2% of residents are recorded as possessing school level qualifications and 51.2% 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 8, Ashdown House, 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 8, Ashdown House, 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 8, Ashdown House, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.