According to the public record, Flat 2, Cassini House 1, Reading is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cassini House, North Street, Caversham, Reading, RG4.
North Street, Caversham, Reading, RG4 is located within the RG4 postal district.
Flat 2, Cassini House 1, Reading has 2 entries in the Land Registry database, most recently in May 2012 and a single entry in the EPC database dated June 2023.
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 Flat 2 Cassini House 1 Reading as £254,389 and the rental value as £1,108 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 2 Cassini House 1 Reading has decreased by £109 (0.0%) and its rental value has increased by £58 per month (5.3%).
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 Flat 2, Cassini House 1, Reading is in very good condition we estimate a sale value of £267,108 and rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,581 and a rental value of £1,031 per month.
If you were able to purchase this property for the estimated value of £254,389, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,250 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 2, Cassini House 1, Reading was last sold on 04 May 2012 for £147,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2012, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Cassini House 1, Reading within a radius of 480 metres over the last 2 years.
The most recent example is Flat 1, 11, Gosbrook Road, Reading, RG4 8BT, a Leasehold flat which sold for £250,000 in Apr 2024.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Street, Caversham, Reading, RG4 has a total of 47 addresses. According to our analysis of all the public data, Flat 2, Cassini House 1, Reading is the 47th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £310k less expensive than the average property in RG4.
Flat 2, Cassini House 1, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2023.
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 2, Cassini House 1, Reading is Reading station which is 1.0 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 2, Cassini House 1, Reading, 39.4% of property is privately rented and 38.6% 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 2, Cassini House 1, Reading, 11.3% of residents are recorded as possessing school level qualifications and 57.1% 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 Flat 2, Cassini House 1, Reading, the average age was 36.8 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 2, Cassini House 1, Reading, 1.4% 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 2, Cassini House 1, 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.