According to the public record, Maisonette 2, 46, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 671 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Maisonette, Basingstoke Road, Reading, RG2.
Basingstoke Road, Reading, RG2 is located within the RG2 postal district.
Maisonette 2, 46, Reading has 21 entries in the Land Registry database, most recently in December 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Maisonette 2 46 Reading as £187,101 and the rental value as £1,031 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Maisonette 2 46 Reading has increased by £292 (0.2%) and its rental value has increased by £61 per month (5.9%).
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 Maisonette 2, 46, Reading is in very good condition we estimate a sale value of £196,456 and rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,004 and a rental value of £959 per month.
If you were able to purchase this property for the estimated value of £187,101, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £920 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, Maisonette 2, 46, Reading was last sold on 14 Dec 2021 for £224,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Maisonette 2, 46, Reading within a radius of 470 metres over the last 2 years.
The most recent example is Flat 35, Milward Court, Warwick Road, Reading, RG2 7BG, a Leasehold flat which sold for £140,000 in Jun 2024.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basingstoke Road, Reading, RG2 has a total of 555 addresses. According to our analysis of all the public data, Maisonette 2, 46, Reading is the 364th largest and the 452nd most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in RG2.
The closest station to Maisonette 2, 46, Reading is Reading station which is 1.8 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 Maisonette 2, 46, Reading, 64.3% of property is privately rented and 17.5% 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 Maisonette 2, 46, Reading, 24.9% of residents are recorded as possessing school level qualifications and 38.1% 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 Maisonette 2, 46, 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 Maisonette 2, 46, 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 Maisonette 2, 46, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.