According to the public record, 8, Burdett Court, Reading is a modern leasehold apartment and with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Burdett Court, Reading, RG2 is located within the RG2 postal district.
8, Burdett Court, Reading has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated August 2022.
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 8 Burdett Court Reading as £189,921 and the rental value as £1,059 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 8 Burdett Court Reading has increased by £695 (0.4%) and its rental value has increased by £65 per month (6.1%).
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 8, Burdett Court, Reading is in very good condition we estimate a sale value of £199,417 and rental value of £1,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,627 and a rental value of £985 per month.
If you were able to purchase this property for the estimated value of £189,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £933 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, 8, Burdett Court, Reading was last sold on 08 Sep 2023 for £162,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Burdett Court, Reading within a radius of 59m over the last 2 years.
The most recent example is 14, Burdett Court, Reading, RG2 7HY, a Leasehold flat which sold for £205,000 in Feb 2023.
Read more about house prices in RG2.
Burdett Court, Reading, RG2 has a total of 16 addresses. According to our analysis of all the public data, 8, Burdett Court, Reading is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in RG2.
8, Burdett Court, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2022.
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 8, Burdett Court, Reading is Reading station which is 2.6 km 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 8, Burdett Court, Reading, 58.6% of property is socially rented and 18.8% is privately 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 8, Burdett Court, Reading, 31.5% of residents are recorded as possessing school level qualifications and 23.5% 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 8, Burdett Court, Reading, the average age was 32.4 and the most common age was 17.
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 8, Burdett Court, Reading, 0.3% 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 8, Burdett Court, 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.