According to the public record, 47 Caroline Court, Reading is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Caroline Court, Bath Road, Reading, RG1.
Bath Road, Reading, RG1 is located within the RG1 postal district.
47 Caroline Court, Reading has 21 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated May 2023.
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 47 Caroline Court Reading as £212,395 and the rental value as £1,257 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 47 Caroline Court Reading has decreased by £2,964 (1.4%) and its rental value has increased by £54 per month (4.3%).
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 47 Caroline Court, Reading is in very good condition we estimate a sale value of £223,015 and rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,528 and a rental value of £1,169 per month.
If you were able to purchase this property for the estimated value of £212,395, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,044 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, 47 Caroline Court, Reading was last sold on 08 Sep 2022 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47 Caroline Court, Reading within a radius of 450 metres over the last 2 years.
The most recent example is 4 Valerie Court, Bath Road, Reading, RG1 6HP, a Leasehold flat which sold for £244,000 in Dec 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bath Road, Reading, RG1 has a total of 443 addresses. According to our analysis of all the public data, 47 Caroline Court, Reading is the 319th largest and the 391st most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in RG1.
47 Caroline Court, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2023.
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 47 Caroline Court, Reading is Reading West 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 47 Caroline Court, Reading, 55.2% of property is privately rented and 21.6% 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 47 Caroline Court, Reading, 20.9% of residents are recorded as possessing school level qualifications and 54.6% 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 47 Caroline Court, Reading, the average age was 37.7 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 47 Caroline Court, Reading, 0.4% 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 47 Caroline Court, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.