24, Mowbray Drive
24, Mowbray Drive
Description & Estimates
24, Mowbray Drive, Reading is recorded publicly as a mid-century leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 24, Mowbray Drive, Reading is £227,907 and its rental estimate is £1,200 per month, given the available information and assuming reasonable condition.
Mowbray Drive, Tilehurst, Reading, RG30 falls within the RG30 postal district.
Our Data Sources
24, Mowbray Drive, Reading has 21 entries in the Land Registry , most recently in April 2011 and a single entry in the EPC database dated January 2020.
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.
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 24, Mowbray Drive, Reading, we estimate a market value of £239,303 and a rental value of £1,260 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,954 and £1,116 per month respectively.
Recent Market Change
Over the last year, 24, Mowbray Drive, Reading has seen its estimated sale value decline by £4,747 (2.1%) and its estimated rental value climb by £23 per month (1.9%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
24, Mowbray Drive, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Mowbray Drive, Reading completed on 21st April 2011 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 46.2% over the period since April 2011.
- Sold Apr 2011£125,000
- Sold Jul 2003£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Mowbray Drive, Reading have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was 26, Mowbray Drive, Reading, RG30 4XY, a leasehold flat which sold for £230,000.
Read more about house prices in RG30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Mowbray Drive, Tilehurst, Reading, RG30, 24, Mowbray Drive, Reading comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the RG30 district.
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Schools Nearby
- 400mRanikhet Academy
- 700mMeadow Park Academy
- 800mEnglish Martyrs' Catholic Primary School
- 1.4kmKing's Academy Prospect
- 2.0kmThe WREN School
- 2.0kmBlessed Hugh Faringdon Catholic School
More reading links
Public Transport Nearby
From 24, Mowbray Drive, Reading, the nearest station is Tilehurst, 1.4 kilometres away.
- 1.4kmTilehurst
- 2.0kmReading West
- 3.2kmReading
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
