According to the public record, 22, Caversham Wharf, Reading is a modern apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Caversham Wharf, Reading, RG1 is located within the RG1 postal district.
22, Caversham Wharf, Reading has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2020.
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 22 Caversham Wharf Reading as £334,587 and the rental value as £1,503 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 22 Caversham Wharf Reading has increased by £1,117 (0.3%) and its rental value has increased by £92 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 22, Caversham Wharf, Reading is in very good condition we estimate a sale value of £351,316 and rental value of £1,578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,166 and a rental value of £1,398 per month.
If you were able to purchase this property for the estimated value of £334,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,644 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, 22, Caversham Wharf, Reading was last sold on 24 Nov 2000 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Caversham Wharf, Reading within a radius of 490 metres over the last 2 years.
The most recent example is 31, Caversham Wharf, Reading, RG1 8DS, a Leasehold flat which sold for £339,950 in May 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caversham Wharf, Reading, RG1 has a total of 36 addresses. According to our analysis of all the public data, 22, Caversham Wharf, Reading is the 36th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in RG1.
22, Caversham Wharf, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2020.
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 22, Caversham Wharf, Reading is Reading station which is 700 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 22, Caversham Wharf, Reading, 65.3% of property is privately rented and 19.4% is privately owned outright.
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 22, Caversham Wharf, Reading, 12.5% of residents are recorded as possessing school level qualifications and 55.3% 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 22, Caversham Wharf, Reading, the average age was 34 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 22, Caversham Wharf, Reading, 1.3% 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 22, Caversham Wharf, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.