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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 Flat 1, 5, Eldon Square, Reading is £314,878 and the estimated rental value is £1,543 per month.
The apartment is within 5, Eldon Square, Reading, RG1.
Eldon Square, Reading, RG1 is located within the RG1 postal district.
Flat 1, 5, Eldon Square, Reading has 21 entries in the Land Registry , most recently in October 2008 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 1, 5, Eldon Square, Reading is in very good condition we estimate a sale value of £330,622 and a rental value of £1,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,837 and a rental value of £1,435 per month.
Over the last 12 months the sale value of Flat 1 5 Eldon Square Reading has decreased by an estimated £4,889 (1.6%) and its rental value has increased by an estimated £47 per month (3.1%), giving an expected gross yield of 5.9%.
Flat 1, 5, Eldon Square, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2017.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 5, Eldon Square, Reading was last sold on 20th October 2008 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2008, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 5, Eldon Square, Reading within a radius of 350 metres over the last 2 years.
The most recent example is Flat 4, 28, London Road, Reading, RG1 5AG, a leasehold flat which sold for £250,000 on the 16th December 2022.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eldon Square, Reading, RG1 has a total of 39 addresses. According to our analysis of all the public data, Flat 1, 5, Eldon Square, Reading is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in RG1.
The closest station to Flat 1, 5, Eldon Square, Reading is Reading station which is 1.2 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 Flat 1, 5, Eldon Square, Reading, 66.5% of property is privately rented and 16.3% is privately owned with a mortgage.
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 Flat 1, 5, Eldon Square, Reading, 16.3% of residents are recorded as possessing school level qualifications and 65.6% 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 Flat 1, 5, Eldon Square, 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 Flat 1, 5, Eldon Square, Reading, 1.2% 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 Flat 1, 5, Eldon Square, Reading, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.