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According to the public record, 12, Wheatfields Road, Reading is a mid-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Wheatfields Road, Reading is £262,456 and the estimated rental value is £1,472 per month.
Wheatfields Road, Shinfield, Reading, RG2 is located within the RG2 postal district.
12, Wheatfields Road, Reading has 4 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 12, Wheatfields Road, Reading is in very good condition we estimate a sale value of £275,579 and a rental value of £1,546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,084 and a rental value of £1,369 per month.
Over the last 12 months the sale value of 12 Wheatfields Road Reading has decreased by an estimated £6,403 (2.4%) and its rental value has increased by an estimated £35 per month (2.4%), giving an expected gross yield of 6.7%.
12, Wheatfields Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Wheatfields Road, Reading was last sold on 26th July 2024 for £290,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2024, the market for similar properties has dropped 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Wheatfields Road, Reading within a radius of 670 metres over the last 2 years.
The most recent example is 7A, Arborfield Road, Reading, RG2 9DY, a leasehold flat which sold for £267,000 on the 26th September 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatfields Road, Shinfield, Reading, RG2 has a total of 26 addresses. According to our analysis of all the public data, 12, Wheatfields Road, Reading is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in RG2.
The closest station to 12, Wheatfields Road, Reading is Earley station which is 4.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Wheatfields Road, Reading, 43.9% of property is privately owned outright and 37.4% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 12, Wheatfields Road, Reading, 13.6% of residents are recorded as possessing school level qualifications and 33.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Wheatfields Road, Reading, the average age was 37.1 and the most common age was 42.
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 12, Wheatfields Road, Reading, 0.7% 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 12, Wheatfields Road, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
