221, Newcastle Road
221, Newcastle Road
Description & Estimates
221, Newcastle Road, Reading is described in the public record as a mid-century apartment with 612 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 221, Newcastle Road, Reading is £197,022 and its rental estimate is £1,224 per month, given the available information and assuming reasonable condition.
Newcastle Road, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
221, Newcastle Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated July 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 221, Newcastle Road, Reading, we estimate a market value of £206,873 and a rental value of £1,285 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £183,231 and £1,138 per month respectively.
Recent Market Change
Over the last year, 221, Newcastle Road, Reading has seen its estimated sale value decrease by £5,320 (2.7%) and its estimated rental value grow by £23 per month (1.9%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
221, Newcastle Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 221, Newcastle Road, Reading have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 8, Burdett Court, Reading, RG2 7HY, a leasehold flat which sold for £162,000.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 132 addresses on Newcastle Road, Reading, RG2, 221, Newcastle Road, Reading comes out as the 70th largest and the 71st most expensive in our analysis of the public data.
It is also £176k less expensive than the average property across the RG2 district.
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Schools Nearby
- 600mThe Palmer Primary Academy
- 900mNew Christ Church Church of England Primary School
- 1.1kmRedlands Primary School
- 500mReading Girls' School
- 1.0kmReading School
- 1.4kmKendrick School
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Public Transport Nearby
From 221, Newcastle Road, Reading, the nearest station is Reading, 2.3 kilometres away.
- 2.3kmReading
- 2.8kmEarley
- 2.9kmReading West
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
