According to the public record, 5 Mayflower Court, Highbridge Wharf, Reading is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Highbridge Wharf, Reading, RG1 is located within the RG1 postal district.
5 Mayflower Court, Highbridge Wharf, Reading has 41 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated February 2021.
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 Mayflower Court Highbridge Wharf Reading as £303,942 and the rental value as £1,399 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 5 Mayflower Court Highbridge Wharf Reading has increased by £1,024 (0.3%) and its rental value has increased by £86 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 5 Mayflower Court, Highbridge Wharf, Reading is in very good condition we estimate a sale value of £319,139 and rental value of £1,469 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,666 and a rental value of £1,301 per month.
If you were able to purchase this property for the estimated value of £303,942, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,494 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 Mayflower Court, Highbridge Wharf, Reading was last sold on 28 Jun 2017 for £300,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2017, the market for similar properties has dropped 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Mayflower Court, Highbridge Wharf, Reading within a radius of 370 metres over the last 2 years.
The most recent example is 4 Mayflower Court, Highbridge Wharf, Reading, RG1 3AJ, a Leasehold flat which sold for £315,000 in Sep 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highbridge Wharf, Reading, RG1 has a total of 18 addresses. According to our analysis of all the public data, 5 Mayflower Court, Highbridge Wharf, Reading is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in RG1.
5 Mayflower Court, Highbridge Wharf, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Feb 2021.
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 5 Mayflower Court, Highbridge Wharf, Reading is Reading station which is 500 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 5 Mayflower Court, Highbridge Wharf, Reading, 64.8% of property is privately rented and 13.0% 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 5 Mayflower Court, Highbridge Wharf, Reading, 15.0% of residents are recorded as possessing school level qualifications and 74.1% 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 Mayflower Court, Highbridge Wharf, 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 5 Mayflower Court, Highbridge Wharf, Reading, 1.5% 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 Mayflower Court, Highbridge Wharf, Reading, there are an average of 0.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.