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Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 23, Swainstone Road, Reading is £118,142 and the estimated rental value is £706 per month.
The apartment is within 23, Swainstone Road, Reading, RG2.
Swainstone Road, Reading, RG2 is located within the RG2 postal district.
Flat 2, 23, Swainstone Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data 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 2, 23, Swainstone Road, Reading is in very good condition we estimate a sale value of £124,049 and a rental value of £741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,872 and a rental value of £656 per month.
Over the last 12 months the sale value of Flat 2 23 Swainstone Road Reading has decreased by an estimated £1,443 (1.2%) and its rental value has increased by an estimated £27 per month (3.8%), giving an expected gross yield of 7.2%.
Flat 2, 23, Swainstone Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 440 metres radius of Flat 2, 23, Swainstone Road, Reading over the last 2 years.
The most recent example is 25, Swainstone Road, Reading, RG2 0DX, a freehold house which sold for £368,200 on the 30th August 2022.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swainstone Road, Reading, RG2 has a total of 74 addresses. According to our analysis of all the public data, Flat 2, 23, Swainstone Road, Reading is the 73rd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in RG2.
The closest station to Flat 2, 23, Swainstone Road, Reading is Reading station which is 1.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 23, Swainstone Road, Reading, 64.3% of property is privately rented and 17.5% 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 2, 23, Swainstone Road, Reading, 24.9% of residents are recorded as possessing school level qualifications and 38.1% 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 2, 23, Swainstone 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 Flat 2, 23, Swainstone 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 Flat 2, 23, Swainstone Road, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.