According to the public record, 20, Watermill Court, Reading is a modern leasehold apartment with 674 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Watermill Court, Woolhampton, Reading, RG7 is located within the RG7 postal district.
20, Watermill Court, Reading has 31 entries in the Land Registry database, most recently in January 2019 and a single entry in the EPC database dated May 2011.
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 Watermill Court Reading as £154,514 and the rental value as £828 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 20 Watermill Court Reading has increased by £1,389 (0.9%) and its rental value has increased by £44 per month (5.4%).
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, Watermill Court, Reading is in very good condition we estimate a sale value of £162,240 and rental value of £870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,698 and a rental value of £770 per month.
If you were able to purchase this property for the estimated value of £154,514, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £759 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, Watermill Court, Reading was last sold on 31 Jan 2019 for £190,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2019, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Watermill Court, Reading within a radius of 3.4 kilometres over the last 2 years.
The most recent example is 2, Watermill Court, Reading, RG7 5RD, a Leasehold flat which sold for £110,000 in May 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watermill Court, Woolhampton, Reading, RG7 has a total of 46 addresses. According to our analysis of all the public data, 20, Watermill Court, Reading is the 25th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £370k less expensive than the average property in RG7.
20, Watermill Court, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2011.
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 20, Watermill Court, Reading is Midgham station which is 200 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 20, Watermill Court, Reading, 41.7% of property is privately owned outright and 36.3% 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, Watermill Court, Reading, 17.3% of residents are recorded as possessing school level qualifications and 34.1% 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 20, Watermill Court, Reading, the average age was 42 and the most common age was 17.
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, Watermill Court, Reading, 2.2% 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, Watermill Court, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.