According to the public record, Flat 5, 47, Havergate Way, Reading is a modern leasehold apartment and with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 47, Havergate Way, Reading, RG2.
Havergate Way, Reading, RG2 is located within the RG2 postal district.
Flat 5, 47, Havergate Way, Reading has 2 entries in the Land Registry database, most recently in January 2016 and a single entry in the EPC database dated February 2020.
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 5 47 Havergate Way Reading as £245,237 and the rental value as £1,162 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 5 47 Havergate Way Reading has decreased by £378 (0.2%) and its rental value has increased by £65 per month (5.6%).
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 5, 47, Havergate Way, Reading is in very good condition we estimate a sale value of £257,499 and rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,071 and a rental value of £1,081 per month.
If you were able to purchase this property for the estimated value of £245,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,205 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 5, 47, Havergate Way, Reading was last sold on 13 Jan 2016 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2016, 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 5, 47, Havergate Way, Reading within a radius of 74m over the last 2 years.
The most recent example is Flat 46, Tean House, Havergate Way, Reading, RG2 0GU, a Leasehold flat which sold for £190,000 in Nov 2023.
Read more about house prices in RG2.
Havergate Way, Reading, RG2 has a total of 122 addresses. According to our analysis of all the public data, Flat 5, 47, Havergate Way, Reading is the 61st largest and the 39th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in RG2.
Flat 5, 47, Havergate Way, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, 47, Havergate Way, Reading is Reading Green Park station which is 1.8 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 5, 47, Havergate Way, Reading, 62.5% of property is privately rented and 16.7% 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 5, 47, Havergate Way, Reading, 9.3% of residents are recorded as possessing school level qualifications and 62.2% 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 5, 47, Havergate Way, Reading, the average age was 34.2 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 5, 47, Havergate Way, 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 5, 47, Havergate Way, 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.