According to the public record, Flat 4, Trophy House, Reading is a early-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Trophy House, Great Lea Terrace, Three Mile Cross, Reading, RG7.
Great Lea Terrace, Three Mile Cross, Reading, RG7 is located within the RG7 postal district.
Flat 4, Trophy House, Reading has a single entry in the Land Registry database from January 2014 and a single entry in the EPC database dated August 2014.
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 4 Trophy House Reading as £151,117 and the rental value as £887 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 4 Trophy House Reading has increased by £786 (0.5%) and its rental value has increased by £56 per month (6.3%).
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 4, Trophy House, Reading is in very good condition we estimate a sale value of £158,672 and rental value of £931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,538 and a rental value of £825 per month.
If you were able to purchase this property for the estimated value of £151,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £743 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 4, Trophy House, Reading was last sold on 01 Jan 2014 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2014, the market for similar properties has risen 36.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Trophy House, Reading within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Flat 1, The Old Bakery, Great Lea Terrace, Reading, RG7 1PB, a Leasehold flat which sold for £132,000 in Aug 2016.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Lea Terrace, Three Mile Cross, Reading, RG7 has a total of 12 addresses. According to our analysis of all the public data, Flat 4, Trophy House, Reading is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £373k less expensive than the average property in RG7.
Flat 4, Trophy House, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 4, Trophy House, Reading is Reading Green Park station which is 2.5 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 4, Trophy House, Reading, 42.6% of property is privately owned outright and 29.8% 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 4, Trophy House, Reading, 14.3% of residents are recorded as possessing school level qualifications and 22.4% 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 4, Trophy House, Reading, the average age was 37.6 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 4, Trophy House, Reading, 1.0% 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 4, Trophy House, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.