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According to the public record, Flat N, 9, Milman Road, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 603 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 Flat N, 9, Milman Road, Reading is £193,729 and the estimated rental value is £1,182 per month.
The apartment is within 9, Milman Road, Reading, RG2.
Milman Road, Reading, RG2 is located within the RG2 postal district.
Flat N, 9, Milman Road, Reading has 41 entries in the Land Registry , most recently in June 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 Flat N, 9, Milman Road, Reading is in very good condition we estimate a sale value of £203,415 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,168 and a rental value of £1,099 per month.
Over the last 12 months the sale value of Flat N 9 Milman Road Reading has decreased by an estimated £4,727 (2.4%) and its rental value has increased by an estimated £28 per month (2.4%), giving an expected gross yield of 7.3%.
According to HM Land Registry, Flat N, 9, Milman Road, Reading was last sold on 1st June 2018 for £187,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2018, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat N, 9, Milman Road, Reading within a radius of 410 metres over the last 2 years.
The most recent example is 63, Whitley Street, Reading, RG2 0EG, a leasehold flat which sold for £170,000 on the 22nd August 2024.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milman Road, Reading, RG2 has a total of 104 addresses. According to our analysis of all the public data, Flat N, 9, Milman Road, Reading is the 52nd largest and the 58th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in RG2.
The closest station to Flat N, 9, Milman Road, Reading is Reading station which is 1.7 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat N, 9, Milman Road, Reading, 50.0% of property is privately rented and 25.4% is privately owned outright.
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 N, 9, Milman Road, Reading, 22.3% of residents are recorded as possessing school level qualifications and 43.0% 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 Flat N, 9, Milman 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 N, 9, Milman Road, Reading, 0.3% 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 N, 9, Milman Road, 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.
