51, Oaklands
51, Oaklands
Description & Estimates
Public records show 51, Oaklands, Reading to be a mid-century leasehold apartment with 957 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
51, Oaklands, Reading has an estimated sale value of £247,446 and an estimated rental value of £1,523 per month, assuming reasonable condition and based on the information available.
The apartment sits within Oaklands, Hamilton Road, Reading, RG1.
Hamilton Road, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
51, Oaklands, Reading has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated March 2017.
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
In very good condition, we estimate 51, Oaklands, Reading would be worth £259,818, with a potential rental value of £1,599 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £230,125, with a rental value of £1,416 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 51, Oaklands, Reading has declined by £9,721 (3.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £11 (0.7%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
51, Oaklands, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2017.
The property is connected to mains gas and has single glazed windows. It is heated using Warm air, mains gas.
Sold Prices
51, Oaklands, Reading last changed hands on 8th August 2017, selling for £255,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 8.6% since August 2017.
- Sold Aug 2017£255,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 51, Oaklands, Reading across the last 2 years.
Most recently, 44, Oaklands, Hamilton Road, Reading, RG1 5RN, a leasehold flat, sold at £275,000 on the 27th September 2024.
Read more about house prices in RG1.
- Sold Sep 2024£275,000 | 3 Bed FlatOaklands, Hamilton Road44, Oaklands, Hamilton Road, Reading, RG1 5RN
- Sold Dec 2018£283,000 | 3 Bed FlatOaklands, Hamilton Road46, Oaklands, Hamilton Road, Reading, RG1 5RN
- Sold Jun 2015£235,000 | 3 Bed FlatOaklands, Hamilton Road47, Oaklands, Hamilton Road, Reading, RG1 5RN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 51, Oaklands, Reading as the 109th largest and the 128th most expensive of the 195 addresses on Hamilton Road, Reading, RG1.
Against the RG1 postcode district average, it is £49k less expensive than the typical property.
More reading links
Schools Nearby
- 400mRedlands Primary School
- 500mAlfred Sutton Primary School
- 800mSt John's Church of England Primary School
- 300mMaiden Erlegh School in Reading
- 300mUTC Reading
- 700mReading School
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Public Transport Nearby
Earley station is the nearest stop to 51, Oaklands, Reading at 2.0 kilometres away.
- 2.0kmEarley
- 2.1kmReading
- 3.3kmReading West
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
