According to the public record, 5 Crichton Court, Reading is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Crichton Court, West End Road, Mortimer Common, Reading, RG7.
West End Road, Mortimer Common, Reading, RG7 is located within the RG7 postal district.
5 Crichton Court, Reading has 51 entries in the Land Registry database, most recently in September 2013 and a single entry in the EPC database dated April 2024.
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 5 Crichton Court Reading as £203,786 and the rental value as £1,053 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 5 Crichton Court Reading has decreased by £4,977 (2.4%) and its rental value has increased by £34 per month (3.3%).
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 5 Crichton Court, Reading is in very good condition we estimate a sale value of £213,975 and rental value of £1,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,521 and a rental value of £979 per month.
If you were able to purchase this property for the estimated value of £203,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,002 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, 5 Crichton Court, Reading was last sold on 27 Sep 2013 for £165,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2013, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Crichton Court, Reading within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 5, Badgers Croft, Reading, RG7 3SW, a Leasehold flat which sold for £177,000 in Jun 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West End Road, Mortimer Common, Reading, RG7 has a total of 78 addresses. According to our analysis of all the public data, 5 Crichton Court, Reading is the 64th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £321k less expensive than the average property in RG7.
5 Crichton Court, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 5 Crichton Court, Reading is Mortimer station which is 1.9 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 5 Crichton Court, Reading, 44.8% of property is privately rented and 25.3% 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 5 Crichton Court, Reading, 17.4% of residents are recorded as possessing school level qualifications and 35.6% 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 5 Crichton Court, Reading, the average age was 42.7 and the most common age was 47.
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 5 Crichton Court, 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 5 Crichton Court, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.