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According to the public record, 25, Milman Road, Reading is a period leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 25, Milman Road, Reading is £178,066 and the estimated rental value is £1,087 per month.
The apartment is within 25, Milman Road, Reading, RG2.
Milman Road, Reading, RG2 is located within the RG2 postal district.
25, Milman Road, Reading has 3 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated March 2022.
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 25, Milman Road, Reading is in very good condition we estimate a sale value of £186,970 and a rental value of £1,142 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,602 and a rental value of £1,011 per month.
Over the last 12 months the sale value of 25 Milman Road Reading has decreased by an estimated £3,368 (1.9%) and its rental value has increased by an estimated £32 per month (2.9%), giving an expected gross yield of 7.3%.
25, Milman Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 25, Milman Road, Reading was last sold on 6th October 2023 for £185,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2023, the market for similar properties has dropped 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Milman Road, Reading within a radius of 400 metres over the last 2 years.
The most recent example is 25B, Milman Road, Reading, RG2 0AZ, a leasehold flat which sold for £205,000 on the 16th October 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milman Road, Reading, RG2 has a total of 104 addresses. According to our analysis of all the public data, 25, Milman Road, Reading is the 54th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in RG2.
The closest station to 25, Milman Road, Reading is Reading station which is 1.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 25, Milman Road, Reading, 50.0% of property is privately rented and 25.4% 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 25, Milman Road, Reading, 22.3% of residents are recorded as possessing school level qualifications and 43.0% 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 25, Milman Road, 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 25, Milman Road, Reading, 0.3% 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 25, Milman Road, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
