Flat 9, Watermill Place, Reading has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 9, Watermill Place, Reading is in very good condition we estimate a sale value of £279,263 and rental value of £1,453 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,348 and a rental value of £1,287 per month.
If you were able to purchase this property for the estimated value of £265,965, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,307 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 9, Watermill Place, Reading was last sold on 04 Mar 2022 for £270,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Watermill Place, Reading within a radius of 730 metres over the last 2 years.
The most recent example is Flat 11, Watermill Place, Wildflower Drive, Reading, RG31 7BX, a Leasehold flat which sold for £280,000 in Jan 2023.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wildflower Drive, Calcot, Reading, RG31 has a total of 22 addresses. According to our analysis of all the public data, Flat 9, Watermill Place, Reading is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in RG31.
Flat 9, Watermill Place, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
According to the public record, Flat 9, Watermill Place, Reading is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Watermill Place, Wildflower Drive, Calcot, Reading, RG31.
Wildflower Drive, Calcot, Reading, RG31 is located within the RG31 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 9 Watermill Place Reading as £265,965 and the rental value as £1,384 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 9 Watermill Place Reading has decreased by £4,443 (1.7%) and its rental value has increased by £59 per month (4.3%).
The closest station to Flat 9, Watermill Place, Reading is Reading Green Park station which is 2.9 kilometres 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 9, Watermill Place, Reading, 45.3% of property is privately owned outright and 37.1% 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 9, Watermill Place, Reading, 16.6% of residents are recorded as possessing school level qualifications and 49.7% 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 9, Watermill Place, Reading, the average age was 40.7 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 9, Watermill Place, Reading, 1.3% 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 9, Watermill Place, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.