According to the public record, 2, Pennyroyal Court, Reading is a modern apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Pennyroyal Court, Reading, RG1 is located within the RG1 postal district.
2, Pennyroyal Court, Reading has no records in the Land Registry database and a single entry in the EPC database dated June 2017.
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 Pennyroyal Court Reading as £199,389 and the rental value as £1,202 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 2 Pennyroyal Court Reading has increased by £670 (0.3%) and its rental value has increased by £74 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, Pennyroyal Court, Reading is in very good condition we estimate a sale value of £209,358 and rental value of £1,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,432 and a rental value of £1,118 per month.
If you were able to purchase this property for the estimated value of £199,389, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £980 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, Pennyroyal Court, Reading within a radius of 420 metres over the last 2 years.
The most recent example is 38, St. Pauls Court, Reading, RG1 6HF, a Leasehold flat which sold for £223,501 in Nov 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennyroyal Court, Reading, RG1 has a total of 48 addresses. According to our analysis of all the public data, 2, Pennyroyal Court, Reading is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in RG1.
2, Pennyroyal Court, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2017.
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, Pennyroyal Court, Reading is Reading 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, Pennyroyal Court, Reading, 63.4% of property is privately rented and 16.1% 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, Pennyroyal Court, Reading, 12.9% of residents are recorded as possessing school level qualifications and 55.1% 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, Pennyroyal Court, 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, Pennyroyal 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, Pennyroyal Court, Reading, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.