According to the public record, Flat 15, Skelton Court, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 520 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Skelton Court, Connaught Road, Reading, RG30.
Connaught Road, Reading, RG30 is located within the RG30 postal district.
Flat 15, Skelton Court, Reading has a single entry in the Land Registry database from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 15 Skelton Court Reading as £185,368 and the rental value as £1,073 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 15 Skelton Court Reading has increased by £1,004 (0.5%) and its rental value has increased by £69 per month (6.4%).
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 15, Skelton Court, Reading is in very good condition we estimate a sale value of £194,637 and rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,393 and a rental value of £998 per month.
If you were able to purchase this property for the estimated value of £185,368, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £911 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, Flat 15, Skelton Court, Reading was last sold on 03 Jul 2007 for £96,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Skelton Court, Reading within a radius of 370 metres over the last 2 years.
The most recent example is 34, Bexley Court, Reading, RG30 2DY, a Leasehold flat which sold for £145,000 in Jun 2021.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Connaught Road, Reading, RG30 has a total of 194 addresses. According to our analysis of all the public data, Flat 15, Skelton Court, Reading is the 157th largest and the 157th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in RG30.
The closest station to Flat 15, Skelton Court, Reading is Reading West 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 Flat 15, Skelton Court, Reading, 35.5% of property is privately owned with a mortgage and 30.3% 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 Flat 15, Skelton Court, Reading, 15.2% of residents are recorded as possessing school level qualifications and 42.8% 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 15, Skelton Court, Reading, the average age was 36.7 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 Flat 15, Skelton Court, Reading, 0.6% 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 15, Skelton Court, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.