According to the public record, 2 Gate Lodge, Pegasus Court, Reading is a modern apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Pegasus Court, Tilehurst, Reading, RG31 is located within the RG31 postal district.
2 Gate Lodge, Pegasus Court, Reading has no records in the Land Registry database and a single entry in the EPC database dated March 2014.
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 Gate Lodge Pegasus Court Reading as £251,347 and the rental value as £1,427 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 2 Gate Lodge Pegasus Court Reading has decreased by £1,545 (0.6%) and its rental value has increased by £80 per month (5.6%).
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 Gate Lodge, Pegasus Court, Reading is in very good condition we estimate a sale value of £263,914 and rental value of £1,499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,752 and a rental value of £1,327 per month.
If you were able to purchase this property for the estimated value of £251,347, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,235 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 Gate Lodge, Pegasus Court, Reading within a radius of 560 metres over the last 2 years.
The most recent example is 48 Buckingham Terrace, Pegasus Court, Reading, RG31 5DB, a Leasehold flat which sold for £275,000 in Jul 2023.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pegasus Court, Tilehurst, Reading, RG31 has a total of 83 addresses. According to our analysis of all the public data, 2 Gate Lodge, Pegasus Court, Reading is the 3rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in RG31.
2 Gate Lodge, Pegasus Court, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2 Gate Lodge, Pegasus Court, Reading is Tilehurst station which is 2.2 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 Gate Lodge, Pegasus Court, Reading, 65.2% of property is privately owned outright and 27.8% 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 2 Gate Lodge, Pegasus Court, Reading, 11.9% of residents are recorded as possessing school level qualifications and 27.9% 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 2 Gate Lodge, Pegasus Court, Reading, the average age was 41.7 and the most common age was 52.
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 Gate Lodge, Pegasus 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 Gate Lodge, Pegasus Court, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.