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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, Flat 75, Tean House, Reading is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 75, Tean House, Reading is £203,514 and the estimated rental value is £1,287 per month.
The apartment is within Tean House, Havergate Way, Reading, RG2.
Havergate Way, Reading, RG2 is located within the RG2 postal district.
Flat 75, Tean House, Reading has a single entry in the Land Registry from January 2008 and a single entry in the EPC database dated April 2021.
We combine this information with that 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 Flat 75, Tean House, Reading is in very good condition we estimate a sale value of £213,690 and a rental value of £1,352 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,268 and a rental value of £1,197 per month.
Over the past 12 months, the estimated sale value of Flat 75, Tean House, Reading has dropped by £6,739 (3.3%), while its estimated rental value has risen by £16 per month (1.2%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Flat 75, Tean House, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Apr 2021.
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, Flat 75, Tean House, Reading was last sold on 28th January 2008 for £167,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has risen by 26.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 75, Tean House, Reading within a radius of 720 metres over the last 2 years.
The most recent example is Flat 40, Tean House, Havergate Way, Reading, RG2 0GU, a leasehold flat which sold for £175,000 on the 23rd February 2024.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Havergate Way, Reading, RG2 has a total of 122 addresses. According to our analysis of all the public data, Flat 75, Tean House, Reading is the 74th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in RG2.
The closest station to Flat 75, Tean House, Reading is Reading Green Park 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 75, Tean House, Reading, 62.5% of property is privately rented and 16.7% 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 75, Tean House, Reading, 9.3% of residents are recorded as possessing school level qualifications and 62.2% 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 75, Tean House, Reading, the average age was 34.2 and the most common age was 32.
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 75, Tean House, 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 75, Tean House, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
