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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 50A, Redlands Road, Reading is a mid-century house with 613 ft2 of internal area.
Houses 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 50A, Redlands Road, Reading is £260,402 and the estimated rental value is £1,529 per month.
Redlands Road, Reading, RG1 is located within the RG1 postal district.
50A, Redlands Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated February 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 50A, Redlands Road, Reading is in very good condition we estimate a sale value of £273,422 and a rental value of £1,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,173 and a rental value of £1,422 per month.
Over the last 12 months the sale value of 50A Redlands Road Reading has decreased by an estimated £6,591 (2.5%) and its rental value has increased by an estimated £34 per month (2.2%), giving an expected gross yield of 7%.
50A, Redlands Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of 50A, Redlands Road, Reading over the last 2 years.
The most recent example is Flat 3, Oakfield 48A, Redlands Road, Reading, RG1 5HR, a leasehold flat which sold for £250,000 on the 14th October 2022.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redlands Road, Reading, RG1 has a total of 101 addresses. According to our analysis of all the public data, 50A, Redlands Road, Reading is the 48th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in RG1.
The closest station to 50A, Redlands Road, Reading is Reading station which is 1.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 50A, Redlands Road, Reading, 45.6% of property is privately rented and 31.6% is socially 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 50A, Redlands Road, Reading, 33.2% of residents are recorded as possessing school level qualifications and 59.0% 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 50A, Redlands 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 50A, Redlands Road, 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 50A, Redlands Road, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
