According to the public record, 1 Turnberry Court, Reading is a period leasehold apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Turnberry Court, Muirfield Close, Reading, RG1.
Muirfield Close, Reading, RG1 is located within the RG1 postal district.
1 Turnberry Court, Reading has 31 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated April 2020.
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 Turnberry Court Reading as £152,477 and the rental value as £933 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 1 Turnberry Court Reading has increased by £455 (0.3%) and its rental value has increased by £57 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 Turnberry Court, Reading is in very good condition we estimate a sale value of £160,101 and rental value of £980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,803 and a rental value of £868 per month.
If you were able to purchase this property for the estimated value of £152,477, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £749 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 Turnberry Court, Reading was last sold on 13 Apr 2018 for £158,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2018, the market for similar properties has dropped 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Turnberry Court, Reading within a radius of 370 metres over the last 2 years.
The most recent example is Flat 17, 310, Kings Road, Reading, RG1 4FE, a Leasehold flat which sold for £203,000 in Jun 2019.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Muirfield Close, Reading, RG1 has a total of 78 addresses. According to our analysis of all the public data, 1 Turnberry Court, Reading is the 74th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in RG1.
1 Turnberry Court, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2020.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 1 Turnberry 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 Turnberry Court, Reading, 50.4% of property is privately rented and 20.7% is socially rented.
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 Turnberry Court, Reading, 25.5% of residents are recorded as possessing school level qualifications and 51.9% 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 Turnberry 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 Turnberry Court, Reading, 2.6% 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 Turnberry 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.