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According to the public record, 2 Old Barn, Reading is a modern Leasehold apartment with 764 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 2 Old Barn, Reading is £347,739 and the estimated rental value is £1,686 per month.
The apartment is within Old Barn, Old Grange Close, Calcot, Reading, RG31.
Old Grange Close, Calcot, Reading, RG31 is located within the RG31 postal district.
2 Old Barn, Reading has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2 Old Barn, Reading is in very good condition we estimate a sale value of £365,126 and a rental value of £1,771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,398 and a rental value of £1,568 per month.
Over the last 12 months the sale value of 2 Old Barn Reading has decreased by an estimated £4,365 (1.3%) and its rental value has increased by an estimated £56 per month (3.3%), giving an expected gross yield of 5.8%.
2 Old Barn, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 2 Old Barn, Reading was last sold on 21st December 2021 for £367,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Old Barn, Reading within a radius of 940 metres over the last 2 years.
The most recent example is 1 New Barn, Old Grange Close, Reading, RG31 7BY, a leasehold flat which sold for £305,000 on the 21st December 2022.
Read more about house prices in RG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Grange Close, Calcot, Reading, RG31 has a total of 26 addresses. According to our analysis of all the public data, 2 Old Barn, Reading is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in RG31.
The closest station to 2 Old Barn, Reading is Theale station which is 1.4 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 2 Old Barn, Reading, 42.4% of property is privately owned with a mortgage and 41.1% is privately owned outright.
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 2 Old Barn, Reading, 15.7% of residents are recorded as possessing school level qualifications and 33.3% 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 2 Old Barn, Reading, the average age was 40.7 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 2 Old Barn, Reading, 0.5% 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 2 Old Barn, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
