According to the public record, Flat 6, Katesgrove Court 77, Reading is a modern leasehold apartment and with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Katesgrove Court, Basingstoke Road, Reading, RG2.
Basingstoke Road, Reading, RG2 is located within the RG2 postal district.
Flat 6, Katesgrove Court 77, Reading has 2 entries in the Land Registry database, most recently in August 2015 and 2 entries in the EPC database, most recently in May 2023.
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 6 Katesgrove Court 77 Reading as £224,831 and the rental value as £1,198 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 6 Katesgrove Court 77 Reading has decreased by £4,537 (2.0%) and its rental value has increased by £44 per month (3.6%).
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 6, Katesgrove Court 77, Reading is in very good condition we estimate a sale value of £236,073 and rental value of £1,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,093 and a rental value of £1,114 per month.
If you were able to purchase this property for the estimated value of £224,831, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,105 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 6, Katesgrove Court 77, Reading was last sold on 06 Aug 2015 for £257,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2015, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Katesgrove Court 77, Reading within a radius of 301m over the last 2 years.
The most recent example is 21 Avenue Heights, Basingstoke Road, Reading, RG2 0EP, a Leasehold flat which sold for £235,000 in Mar 2024.
Read more about house prices in RG2.
Basingstoke Road, Reading, RG2 has a total of 555 addresses. According to our analysis of all the public data, Flat 6, Katesgrove Court 77, Reading is the 333rd largest and the 367th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in RG2.
Flat 6, Katesgrove Court 77, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2023.
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 6, Katesgrove Court 77, Reading is Reading station which is 2.1 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 6, Katesgrove Court 77, Reading, 57.5% of property is privately rented and 16.9% 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 6, Katesgrove Court 77, Reading, 27.4% of residents are recorded as possessing school level qualifications and 31.2% 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 6, Katesgrove Court 77, 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 6, Katesgrove Court 77, Reading, 0.2% 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 6, Katesgrove Court 77, 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.