According to the public record, 2 Downham Court, Reading is a mid-century leasehold apartment and with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Downham Court, Shinfield Road, Reading, RG2.
Shinfield Road, Reading, RG2 is located within the RG2 postal district.
2 Downham Court, Reading has 2 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated August 2014.
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 2 Downham Court Reading as £181,393 and the rental value as £1,020 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 2 Downham Court Reading has decreased by £106 (0.1%) and its rental value has increased by £58 per month (5.7%).
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 2 Downham Court, Reading is in very good condition we estimate a sale value of £190,462 and rental value of £1,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,695 and a rental value of £949 per month.
If you were able to purchase this property for the estimated value of £181,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £891 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, 2 Downham Court, Reading was last sold on 19 Dec 2018 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Downham Court, Reading within a radius of 0m over the last 2 years.
The most recent example is 8 Downham Court, Shinfield Road, Reading, RG2 8HP, a Leasehold flat which sold for £175,000 in Jan 2024.
Read more about house prices in RG2.
Shinfield Road, Reading, RG2 has a total of 253 addresses. According to our analysis of all the public data, 2 Downham Court, Reading is the 209th largest and the 211th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in RG2.
2 Downham Court, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
The closest station to 2 Downham Court, Reading is Earley station which is 2.5 km 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 2 Downham Court, Reading, 36.8% of property is privately owned with a mortgage and 36.8% is privately 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 2 Downham Court, Reading, 28.8% of residents are recorded as possessing school level qualifications and 30.0% 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 2 Downham Court, Reading, the average age was 37.1 and the most common age was 42.
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 2 Downham Court, 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 2 Downham Court, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.