According to the public record, Flat 9, 25, Carraway Street, Reading is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 25, Carraway Street, Reading, RG1.
Carraway Street, Reading, RG1 is located within the RG1 postal district.
Flat 9, 25, Carraway Street, Reading has a single entry in the Land Registry database from August 2023 and a single entry in the EPC database dated July 2023.
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 good condition, we estimate the current sale value for Flat 9 25 Carraway Street Reading as £430,032 and the rental value as £1,849 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 9 25 Carraway Street Reading has decreased by £6,156 (1.4%) and its rental value has increased by £79 per month (4.3%).
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 9, 25, Carraway Street, Reading is in very good condition we estimate a sale value of £451,533 and rental value of £1,941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,930 and a rental value of £1,719 per month.
If you were able to purchase this property for the estimated value of £430,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,113 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 9, 25, Carraway Street, Reading was last sold on 25 Aug 2023 for £439,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 25, Carraway Street, Reading within a radius of 340 metres over the last 2 years.
The most recent example is Flat 38, 25, Carraway Street, Reading, RG1 3GQ, a Leasehold flat which sold for £476,000 in Sep 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carraway Street, Reading, RG1 has a total of 214 addresses. According to our analysis of all the public data, Flat 9, 25, Carraway Street, Reading is the 41st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in RG1.
Flat 9, 25, Carraway Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 9, 25, Carraway 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 9, 25, Carraway Street, Reading, % of property is and % is .
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 9, 25, Carraway Street, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 9, 25, Carraway Street, Reading, 0.0% of property was a second home.
Comparison figures for This region 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 9, 25, Carraway Street, Reading, there are an average of 0.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.