According to the public record, Flat 43, Greys Court, Reading is a modern leasehold apartment with 543 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Greys Court, Sidmouth Street, Reading, RG1.
Sidmouth Street, Reading, RG1 is located within the RG1 postal district.
Flat 43, Greys Court, Reading has 41 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated September 2009.
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 43 Greys Court Reading as £216,893 and the rental value as £1,226 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 43 Greys Court Reading has increased by £736 (0.3%) and its rental value has increased by £75 per month (6.2%).
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 43, Greys Court, Reading is in very good condition we estimate a sale value of £227,738 and rental value of £1,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,711 and a rental value of £1,140 per month.
If you were able to purchase this property for the estimated value of £216,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,066 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 43, Greys Court, Reading was last sold on 28 Feb 2018 for £245,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2018, the market for similar properties has dropped 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 43, Greys Court, Reading within a radius of 320 metres over the last 2 years.
The most recent example is Flat 40, Greys Court, Sidmouth Street, Reading, RG1 4PP, a Leasehold flat which sold for £220,000 in Dec 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sidmouth Street, Reading, RG1 has a total of 70 addresses. According to our analysis of all the public data, Flat 43, Greys Court, Reading is the 40th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in RG1.
Flat 43, Greys Court, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2009.
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 43, Greys Court, Reading is Reading station which is 900 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 43, Greys Court, Reading, 46.9% of property is privately rented and 33.6% is socially 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 43, Greys Court, Reading, 7.5% of residents are recorded as possessing school level qualifications and 57.4% 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 43, Greys 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 43, Greys Court, Reading, 0.4% 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 43, Greys 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.