According to the public record, 1 John Balliol Court, Reading is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in John Balliol Court, Denmark Road, Reading, RG1.
Denmark Road, Reading, RG1 is located within the RG1 postal district.
1 John Balliol Court, Reading has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 John Balliol Court Reading as £193,333 and the rental value as £1,195 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 1 John Balliol Court Reading has increased by £626 (0.3%) and its rental value has increased by £73 per month (6.1%).
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 1 John Balliol Court, Reading is in very good condition we estimate a sale value of £203,000 and rental value of £1,255 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,800 and a rental value of £1,111 per month.
If you were able to purchase this property for the estimated value of £193,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £950 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 John Balliol Court, Reading was last sold on 29 Sep 2020 for £187,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 John Balliol Court, Reading within a radius of 390 metres over the last 2 years.
The most recent example is Flat 307, Hanover House 202, Kings Road, Reading, RG1 4NN, a Leasehold flat which sold for £200,000 in Mar 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Denmark Road, Reading, RG1 has a total of 42 addresses. According to our analysis of all the public data, 1 John Balliol Court, Reading is the 27th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in RG1.
1 John Balliol Court, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1 John Balliol Court, Reading is Reading station which is 1.4 kilometres away.
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 1 John Balliol Court, Reading, 63.8% of property is privately rented and 22.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1 John Balliol Court, Reading, 18.1% of residents are recorded as possessing school level qualifications and 70.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 John Balliol Court, 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 1 John Balliol Court, Reading, 3.4% 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 1 John Balliol Court, 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.