According to the public record, Flat 21, Shelley Court 46, Reading is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Shelley Court, London Road, Reading, RG1.
London Road, Reading, RG1 is located within the RG1 postal district.
Flat 21, Shelley Court 46, Reading has 31 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated January 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 Flat 21 Shelley Court 46 Reading as £235,747 and the rental value as £1,332 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 21 Shelley Court 46 Reading has decreased by £3,265 (1.4%) and its rental value has increased by £58 per month (4.3%).
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 21, Shelley Court 46, Reading is in very good condition we estimate a sale value of £247,534 and rental value of £1,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,245 and a rental value of £1,238 per month.
If you were able to purchase this property for the estimated value of £235,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,159 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 21, Shelley Court 46, Reading was last sold on 08 Dec 2023 for £221,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2023, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, Shelley Court 46, Reading within a radius of 400 metres over the last 2 years.
The most recent example is Flat 20, Shelley Court 46, London Road, Reading, RG1 5DG, a Leasehold flat which sold for £263,000 in Dec 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Reading, RG1 has a total of 512 addresses. According to our analysis of all the public data, Flat 21, Shelley Court 46, Reading is the 231st largest and the 229th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in RG1.
Flat 21, Shelley Court 46, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2022.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 21, Shelley Court 46, Reading is Reading station which is 1.2 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 21, Shelley Court 46, Reading, 63.8% of property is privately rented and 22.4% 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 21, Shelley Court 46, Reading, 18.1% of residents are recorded as possessing school level qualifications and 70.2% 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 21, Shelley Court 46, Reading, the average age was 33.9 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 21, Shelley Court 46, Reading, 3.4% 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 21, Shelley Court 46, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.