According to the public record, 20, Derrick Close, Reading is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Derrick Close, Calcot, Reading, RG31 is located within the RG31 postal district.
20, Derrick Close, Reading has 2 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated September 2016.
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 20 Derrick Close Reading as £186,490 and the rental value as £914 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 20 Derrick Close Reading has decreased by £56 (0.0%) and its rental value has increased by £56 per month (6.1%).
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 20, Derrick Close, Reading is in very good condition we estimate a sale value of £195,814 and rental value of £959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,436 and a rental value of £850 per month.
If you were able to purchase this property for the estimated value of £186,490, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £917 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, 20, Derrick Close, Reading was last sold on 19 Jan 2024 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Derrick Close, Reading within a radius of 600 metres over the last 2 years.
The most recent example is 35, Willow Tree Glade, Reading, RG31 7AZ, a Leasehold flat which sold for £145,000 in Feb 2020.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derrick Close, Calcot, Reading, RG31 has a total of 38 addresses. According to our analysis of all the public data, 20, Derrick Close, Reading is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in RG31.
20, Derrick Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2016.
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 20, Derrick Close, Reading is Theale station which is 2.0 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 20, Derrick Close, Reading, 30.6% of property is socially rented and 29.1% 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 20, Derrick Close, Reading, 20.8% of residents are recorded as possessing school level qualifications and 27.8% 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 20, Derrick Close, Reading, the average age was 40.7 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 20, Derrick Close, Reading, 0.7% 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 20, Derrick Close, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.