According to the public record, Flat 27, Milward Court, Reading is a modern leasehold apartment and with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Milward Court, Warwick Road, Reading, RG2.
Warwick Road, Reading, RG2 is located within the RG2 postal district.
Flat 27, Milward Court, Reading has 2 entries in the Land Registry database, most recently in January 2023 and 3 entries in the EPC database, most recently in September 2013.
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 27 Milward Court Reading as £155,813 and the rental value as £873 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 27 Milward Court Reading has increased by £570 (0.4%) and its rental value has increased by £54 per month (6.1%).
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 27, Milward Court, Reading is in very good condition we estimate a sale value of £163,604 and rental value of £916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,906 and a rental value of £812 per month.
If you were able to purchase this property for the estimated value of £155,813, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £766 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 27, Milward Court, Reading was last sold on 05 Jan 2023 for £147,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 27, Milward Court, Reading within a radius of 0m over the last 2 years.
The most recent example is Flat 12, Milward Court, Warwick Road, Reading, RG2 7BG, a Leasehold flat which sold for £140,000 in Mar 2024.
Read more about house prices in RG2.
Warwick Road, Reading, RG2 has a total of 76 addresses. According to our analysis of all the public data, Flat 27, Milward Court, Reading is the 42nd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in RG2.
Flat 27, Milward Court, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 27, Milward Court, Reading is Reading station which is 2.0 km 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 27, Milward Court, Reading, 37.4% of property is privately owned outright and 25.2% 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 27, Milward Court, Reading, 21.9% of residents are recorded as possessing school level qualifications and 49.5% 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 27, Milward Court, Reading, the average age was 32.4 and the most common age was 17.
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 27, Milward Court, 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 27, Milward Court, 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.