According to the public record, 42, Blakes Quay, Reading is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Blakes Quay, Reading, RG1 is located within the RG1 postal district.
42, Blakes Quay, Reading has 21 entries in the Land Registry database, most recently in January 2010 and a single entry in the EPC database dated May 2020.
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 42 Blakes Quay Reading as £383,643 and the rental value as £1,834 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 42 Blakes Quay Reading has increased by £291 (0.1%) and its rental value has increased by £107 per month (5.9%).
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 42, Blakes Quay, Reading is in very good condition we estimate a sale value of £402,825 and rental value of £1,926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,788 and a rental value of £1,706 per month.
If you were able to purchase this property for the estimated value of £383,643, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,885 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, 42, Blakes Quay, Reading was last sold on 29 Jan 2010 for £285,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2010, the market for similar properties has risen 35.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Blakes Quay, Reading within a radius of 300 metres over the last 2 years.
The most recent example is 1 The Meridian, Kenavon Drive, Reading, RG1 3DG, a Leasehold flat which sold for £410,000 in Aug 2021.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blakes Quay, Reading, RG1 has a total of 86 addresses. According to our analysis of all the public data, 42, Blakes Quay, Reading is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in RG1.
42, Blakes Quay, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 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 42, Blakes Quay, Reading is Reading station which is 900 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 42, Blakes Quay, Reading, 47.6% of property is privately rented and 35.4% 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 42, Blakes Quay, Reading, 12.4% of residents are recorded as possessing school level qualifications and 56.5% 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 42, Blakes Quay, 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 42, Blakes Quay, 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 42, Blakes Quay, Reading, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.