According to the public record, Flat 2, Kings Oak Court, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 699 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Kings Oak Court, Queens Road, Reading, RG1.
Queens Road, Reading, RG1 is located within the RG1 postal district.
Flat 2, Kings Oak Court, Reading has 21 entries in the Land Registry database, most recently in May 2006 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 2 Kings Oak Court Reading as £284,958 and the rental value as £1,454 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 2 Kings Oak Court Reading has decreased by £4,305 (1.5%) and its rental value has increased by £61 per month (4.2%).
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 Flat 2, Kings Oak Court, Reading is in very good condition we estimate a sale value of £299,206 and rental value of £1,527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,011 and a rental value of £1,352 per month.
If you were able to purchase this property for the estimated value of £284,958, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,400 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, Kings Oak Court, Reading was last sold on 25 May 2006 for £166,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Kings Oak Court, Reading within a radius of 310 metres over the last 2 years.
The most recent example is Flat 24, Kings Oak Court, Queens Road, Reading, RG1 4PX, a Leasehold flat which sold for £260,000 in Jan 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queens Road, Reading, RG1 has a total of 307 addresses. According to our analysis of all the public data, Flat 2, Kings Oak Court, Reading is the 125th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in RG1.
The closest station to Flat 2, Kings Oak Court, Reading is Reading station which is 700 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 2, Kings Oak Court, Reading, 64.7% of property is privately rented and 19.4% 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, Kings Oak Court, Reading, 12.6% of residents are recorded as possessing school level qualifications and 74.2% 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, Kings Oak Court, 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 Flat 2, Kings Oak Court, Reading, 1.2% 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, Kings Oak Court, Reading, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.