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According to the public record, 28A, Pennfields, Reading is a modern leasehold apartment with 656 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 28A, Pennfields, Reading is £285,647 and the estimated rental value is £1,210 per month.
The apartment is within 28, Pennfields, Ruscombe, Reading, RG10.
Pennfields, Ruscombe, Reading, RG10 is located within the RG10 postal district.
28A, Pennfields, Reading has a single entry in the Land Registry from February 2007 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 28A, Pennfields, Reading is in very good condition we estimate a sale value of £299,930 and a rental value of £1,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,652 and a rental value of £1,125 per month.
Over the last 12 months the sale value of 28A Pennfields Reading has decreased by an estimated £7,405 (2.6%) and its rental value has increased by an estimated £29 per month (2.4%), giving an expected gross yield of 5.1%.
28A, Pennfields, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 28A, Pennfields, Reading was last sold on 16th February 2007 for £179,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 57.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28A, Pennfields, Reading within a radius of 980 metres over the last 2 years.
The most recent example is 28B, Pennfields, Reading, RG10 9BG, a leasehold flat which sold for £270,000 on the 29th September 2023.
Read more about house prices in RG10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennfields, Ruscombe, Reading, RG10 has a total of 83 addresses. According to our analysis of all the public data, 28A, Pennfields, Reading is the 51st largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £427k less expensive than the average property in RG10.
The closest station to 28A, Pennfields, Reading is Twyford station which is 1.1 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 28A, Pennfields, Reading, 46.9% of property is socially rented and 18.0% is privately rented.
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 28A, Pennfields, Reading, 21.9% of residents are recorded as possessing school level qualifications and 33.5% 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 28A, Pennfields, Reading, the average age was 45.6 and the most common age was 47.
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 28A, Pennfields, Reading, 0.0% 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 28A, Pennfields, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
