According to the public record, Flat 5, Lime Ridge 46, Reading is a modern leasehold apartment and with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lime Ridge, Northcourt Avenue, Reading, RG2.
Northcourt Avenue, Reading, RG2 is located within the RG2 postal district.
Flat 5, Lime Ridge 46, Reading has a single entry in the Land Registry database from February 2014 and 2 entries in the EPC database, most recently in February 2024.
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 Lime Ridge 46 Reading as £229,155 and the rental value as £1,213 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 5 Lime Ridge 46 Reading has increased by £51 (0.0%) and its rental value has increased by £68 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, Lime Ridge 46, Reading is in very good condition we estimate a sale value of £240,612 and rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,114 and a rental value of £1,128 per month.
If you were able to purchase this property for the estimated value of £229,155, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,126 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, Lime Ridge 46, Reading was last sold on 28 Feb 2014 for £194,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Lime Ridge 46, Reading within a radius of 0m over the last 2 years.
The most recent example is Flat 1, Lime Ridge 46, Northcourt Avenue, Reading, RG2 7HQ, a Leasehold flat which sold for £190,000 in May 2014.
Read more about house prices in RG2.
Northcourt Avenue, Reading, RG2 has a total of 211 addresses. According to our analysis of all the public data, Flat 5, Lime Ridge 46, Reading is the 122nd largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in RG2.
Flat 5, Lime Ridge 46, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Feb 2024.
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, Lime Ridge 46, Reading is Earley station which is 2.4 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, Lime Ridge 46, Reading, 47.8% of property is privately owned outright and 28.3% 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, Lime Ridge 46, Reading, 33.9% of residents are recorded as possessing school level qualifications and 56.6% 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, Lime Ridge 46, 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 5, Lime Ridge 46, Reading, 2.5% 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, Lime Ridge 46, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.