According to the public record, 2 Thames Court, Reading is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Thames Court, Norman Place, Reading, RG1.
Norman Place, Reading, RG1 is located within the RG1 postal district.
2 Thames Court, Reading has 31 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated July 2021.
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 Thames Court Reading as £371,149 and the rental value as £1,664 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Thames Court Reading has decreased by £5,086 (1.4%) and its rental value has increased by £72 per month (4.3%).
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 Thames Court, Reading is in very good condition we estimate a sale value of £389,706 and rental value of £1,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,169 and a rental value of £1,548 per month.
If you were able to purchase this property for the estimated value of £371,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,824 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 Thames Court, Reading was last sold on 25 Aug 2016 for £425,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2016, the market for similar properties has dropped 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Thames Court, Reading within a radius of 550 metres over the last 2 years.
The most recent example is Flat 57, Regents Riverside, Brigham Road, Reading, RG1 8QS, a Leasehold flat which sold for £363,000 in Jun 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norman Place, Reading, RG1 has a total of 25 addresses. According to our analysis of all the public data, 2 Thames Court, Reading is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in RG1.
2 Thames Court, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2 Thames Court, Reading is Reading station which is 300 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 Thames Court, Reading, 49.6% of property is privately rented and 25.2% 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 Thames Court, Reading, 8.8% of residents are recorded as possessing school level qualifications and 68.5% 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 Thames 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 Thames 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 Thames 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.