According to the public record, 24, Ruston Close, Reading is a modern leasehold apartment and with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ruston Close, Reading, RG2 is located within the RG2 postal district.
24, Ruston Close, Reading has 2 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated July 2019.
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 good condition, we estimate the current sale value for 24 Ruston Close Reading as £292,362 and the rental value as £1,341 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 24 Ruston Close Reading has decreased by £943 (0.3%) and its rental value has increased by £73 per month (5.5%).
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 24, Ruston Close, Reading is in very good condition we estimate a sale value of £306,980 and rental value of £1,408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,897 and a rental value of £1,247 per month.
If you were able to purchase this property for the estimated value of £292,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,437 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, 24, Ruston Close, Reading was last sold on 28 Oct 2022 for £310,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Ruston Close, Reading within a radius of 36m over the last 2 years.
The most recent example is 22, Ruston Close, Reading, RG2 0DA, a Leasehold flat which sold for £307,000 in Sep 2022.
Read more about house prices in RG2.
Ruston Close, Reading, RG2 has a total of 39 addresses. According to our analysis of all the public data, 24, Ruston Close, Reading is the 32nd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in RG2.
24, Ruston Close, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 24, Ruston Close, Reading is Reading Green Park station which is 2.0 km 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 24, Ruston Close, Reading, 50.8% of property is socially rented and 21.0% 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 24, Ruston Close, Reading, 22.6% of residents are recorded as possessing school level qualifications and 16.9% 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 24, Ruston Close, Reading, the average age was 37.7 and the most common age was 37.
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 24, Ruston Close, 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 24, Ruston Close, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.