According to the public record, 2, Maltings Place, Reading is a modern apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Maltings Place, Reading, RG1 is located within the RG1 postal district.
2, Maltings Place, Reading has no records in the Land Registry database and a single entry in the EPC database dated September 2020.
We combine this information with public data 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 Maltings Place Reading as £244,273 and the rental value as £1,300 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2 Maltings Place Reading has increased by £823 (0.3%) and its rental value has increased by £80 per month (6.2%).
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, Maltings Place, Reading is in very good condition we estimate a sale value of £256,487 and rental value of £1,365 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,174 and a rental value of £1,209 per month.
If you were able to purchase this property for the estimated value of £244,273, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,201 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Maltings Place, Reading within a radius of 430 metres over the last 2 years.
The most recent example is 18, Waterside Gardens, Reading, RG1 6QE, a Leasehold flat which sold for £290,000 in Jan 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maltings Place, Reading, RG1 has a total of 56 addresses. According to our analysis of all the public data, 2, Maltings Place, Reading is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in RG1.
2, Maltings Place, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 2, Maltings Place, Reading is Reading station which is 600 metres 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, Maltings Place, Reading, 64.4% of property is privately rented and 16.1% 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 2, Maltings Place, Reading, 11.1% of residents are recorded as possessing school level qualifications and 61.7% 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, Maltings Place, Reading, the average age was 33.3 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 2, Maltings Place, 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, Maltings Place, Reading, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.