According to the public record, Flat D, 9, Milman Road, Reading is a period apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 9, Milman Road, Reading, RG2.
Milman Road, Reading, RG2 is located within the RG2 postal district.
Flat D, 9, Milman Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated May 2022.
We combine this information with public data 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 D 9 Milman Road Reading as £152,011 and the rental value as £854 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat D 9 Milman Road Reading has increased by £720 (0.5%) and its rental value has increased by £54 per month (6.3%).
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 D, 9, Milman Road, Reading is in very good condition we estimate a sale value of £159,611 and rental value of £897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,370 and a rental value of £794 per month.
If you were able to purchase this property for the estimated value of £152,011, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £747 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat D, 9, Milman Road, Reading within a radius of 410 metres over the last 2 years.
The most recent example is Flat A, 9, Milman Road, Reading, RG2 0AZ, a Leasehold flat which sold for £182,500 in Sep 2019.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milman Road, Reading, RG2 has a total of 105 addresses. According to our analysis of all the public data, Flat D, 9, Milman Road, Reading is the 89th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in RG2.
Flat D, 9, Milman Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 May 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 D, 9, Milman Road, Reading is Reading station which is 1.7 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 D, 9, Milman Road, Reading, 50.0% of property is privately rented and 25.4% 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 D, 9, Milman Road, Reading, 22.3% of residents are recorded as possessing school level qualifications and 43.0% 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 D, 9, Milman Road, Reading, the average age was 33.9 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 D, 9, Milman Road, Reading, 0.3% 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 D, 9, Milman Road, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.