According to the public record, Flat B, 19, Western Elms Avenue, Reading is a period leasehold apartment with 279 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 19, Western Elms Avenue, Reading, RG30.
Western Elms Avenue, Reading, RG30 is located within the RG30 postal district.
Flat B, 19, Western Elms Avenue, Reading has 2 entries in the Land Registry database, most recently in December 2011 and a single entry in the EPC database dated March 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 B 19 Western Elms Avenue Reading as £135,483 and the rental value as £765 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat B 19 Western Elms Avenue Reading has increased by £1,012 (0.7%) and its rental value has increased by £51 per month (6.6%).
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 B, 19, Western Elms Avenue, Reading is in very good condition we estimate a sale value of £142,258 and rental value of £803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,000 and a rental value of £712 per month.
If you were able to purchase this property for the estimated value of £135,483, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £666 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 B, 19, Western Elms Avenue, Reading was last sold on 20 Dec 2011 for £89,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2011, the market for similar properties has risen 51.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 19, Western Elms Avenue, Reading within a radius of 360 metres over the last 2 years.
The most recent example is Flat C, 19, Western Elms Avenue, Reading, RG30 2AL, a Leasehold flat which sold for £135,000 in Jun 2020.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Elms Avenue, Reading, RG30 has a total of 132 addresses. According to our analysis of all the public data, Flat B, 19, Western Elms Avenue, Reading is the 131st largest and the 131st most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in RG30.
Flat B, 19, Western Elms Avenue, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Mar 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat B, 19, Western Elms Avenue, Reading is Reading West station which is 200 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 B, 19, Western Elms Avenue, Reading, 50.0% of property is privately rented and 29.9% 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 B, 19, Western Elms Avenue, Reading, 12.7% of residents are recorded as possessing school level qualifications and 61.1% 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 B, 19, Western Elms Avenue, Reading, the average age was 36.7 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 B, 19, Western Elms Avenue, Reading, 0.6% 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 B, 19, Western Elms Avenue, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.