According to the public record, Flat 8, Rockley Court, Reading is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Rockley Court, The Green, Theale, Reading, RG7.
The Green, Theale, Reading, RG7 is located within the RG7 postal district.
Flat 8, Rockley Court, Reading has 21 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated June 2019.
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 8 Rockley Court Reading as £202,146 and the rental value as £1,019 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 8 Rockley Court Reading has decreased by £440 (0.2%) and its rental value has increased by £53 per month (5.2%).
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 8, Rockley Court, Reading is in very good condition we estimate a sale value of £212,253 and rental value of £1,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,996 and a rental value of £948 per month.
If you were able to purchase this property for the estimated value of £202,146, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £993 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 8, Rockley Court, Reading was last sold on 18 Jun 2019 for £178,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2019, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Rockley Court, Reading within a radius of 2.1 kilometres over the last 2 years.
The most recent example is Flat 8, Stoneleigh Court, The Green, Reading, RG7 5JQ, a Leasehold flat which sold for £190,000 in Nov 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Green, Theale, Reading, RG7 has a total of 38 addresses. According to our analysis of all the public data, Flat 8, Rockley Court, Reading is the 33rd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £322k less expensive than the average property in RG7.
Flat 8, Rockley Court, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2019.
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 8, Rockley Court, Reading is Theale 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 8, Rockley Court, Reading, 43.4% of property is privately owned with a mortgage and 34.6% is privately owned outright.
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 8, Rockley Court, Reading, 19.5% of residents are recorded as possessing school level qualifications and 40.9% 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 8, Rockley Court, Reading, the average age was 41.2 and the most common age was 52.
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 8, Rockley Court, Reading, 0.5% 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 8, Rockley Court, 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.