According to the public record, Flat 1, 72, Norcot Road, Reading is a period apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 72, Norcot Road, Tilehurst, Reading, RG30.
Norcot Road, Tilehurst, Reading, RG30 is located within the RG30 postal district.
Flat 1, 72, Norcot Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated March 2020.
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 Flat 1 72 Norcot Road Reading as £170,674 and the rental value as £1,027 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 1 72 Norcot Road Reading has decreased by £702 (0.4%) and its rental value has increased by £59 per month (5.8%).
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 Flat 1, 72, Norcot Road, Reading is in very good condition we estimate a sale value of £179,207 and rental value of £1,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,727 and a rental value of £955 per month.
If you were able to purchase this property for the estimated value of £170,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £839 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 72, Norcot Road, Reading within a radius of 530 metres over the last 2 years.
The most recent example is 9, Tylers Place, Reading, RG30 6BW, a Leasehold flat which sold for £180,000 in Jan 2024.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norcot Road, Tilehurst, Reading, RG30 has a total of 231 addresses. According to our analysis of all the public data, Flat 1, 72, Norcot Road, Reading is the 226th largest and the 225th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in RG30.
Flat 1, 72, Norcot Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2020.
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 Flat 1, 72, Norcot Road, Reading is Tilehurst station which is 1.3 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 Flat 1, 72, Norcot Road, Reading, 39.2% of property is privately rented and 22.3% 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 Flat 1, 72, Norcot Road, Reading, 14.6% of residents are recorded as possessing school level qualifications and 28.3% 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 Flat 1, 72, Norcot Road, Reading, the average age was 39.2 and the most common age was 12.
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 Flat 1, 72, Norcot Road, 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 Flat 1, 72, Norcot Road, 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.