According to the public record, 2, Gordon Palmer Court, Reading is a modern leasehold apartment with 550 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gordon Palmer Court, Reading, RG30 is located within the RG30 postal district.
2, Gordon Palmer Court, Reading has 21 entries in the Land Registry database, most recently in June 2010 and a single entry in the EPC database dated June 2010.
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 Gordon Palmer Court Reading as £113,854 and the rental value as £696 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 2 Gordon Palmer Court Reading has increased by £793 (0.7%) and its rental value has increased by £46 per month (6.5%).
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, Gordon Palmer Court, Reading is in very good condition we estimate a sale value of £119,547 and rental value of £730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,884 and a rental value of £647 per month.
If you were able to purchase this property for the estimated value of £113,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £560 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, Gordon Palmer Court, Reading was last sold on 28 Jun 2010 for £98,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2010, the market for similar properties has risen 47.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gordon Palmer Court, Reading within a radius of 380 metres over the last 2 years.
The most recent example is 1, Gordon Palmer Court, Reading, RG30 1EY, a Leasehold flat which sold for £90,000 in Mar 2020.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gordon Palmer Court, Reading, RG30 has a total of 30 addresses. According to our analysis of all the public data, 2, Gordon Palmer Court, Reading is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in RG30.
2, Gordon Palmer Court, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2, Gordon Palmer Court, Reading is Reading West station which is 1.1 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 2, Gordon Palmer Court, Reading, 37.9% of property is privately rented and 23.5% is privately owned outright.
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, Gordon Palmer Court, Reading, 11.4% of residents are recorded as possessing school level qualifications and 31.5% 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, Gordon Palmer Court, Reading, the average age was 36.7 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 2, Gordon Palmer Court, 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 2, Gordon Palmer 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.