According to the public record, 42, Capital Point, Reading is a modern apartment with 715 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Capital Point, Reading, RG1 is located within the RG1 postal district.
42, Capital Point, Reading has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2011.
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 42 Capital Point Reading as £250,557 and the rental value as £1,367 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 42 Capital Point Reading has increased by £842 (0.3%) and its rental value has increased by £84 per month (6.2%).
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, Capital Point, Reading is in very good condition we estimate a sale value of £263,084 and rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,018 and a rental value of £1,272 per month.
If you were able to purchase this property for the estimated value of £250,557, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,231 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, Capital Point, Reading was last sold on 19 Jun 2003 for £175,995 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 42, Capital Point, Reading within a radius of 360 metres over the last 2 years.
The most recent example is Flat 31, Hunters Wharf, Katesgrove Lane, Reading, RG1 2NH, a Leasehold flat which sold for £267,500 in Aug 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Capital Point, Reading, RG1 has a total of 80 addresses. According to our analysis of all the public data, 42, Capital Point, Reading is the 15th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in RG1.
42, Capital Point, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Mar 2011.
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, Capital Point, Reading is Reading station which is 1.1 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 42, Capital Point, Reading, 49.7% of property is privately rented and 22.1% 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 42, Capital Point, Reading, 15.6% of residents are recorded as possessing school level qualifications and 54.3% 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 42, Capital Point, 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, Capital Point, Reading, 0.2% 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 42, Capital Point, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.