According to the public record, Riverwalk, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 766 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mapledurham Drive, Purley On Thames, Reading, RG8 is located within the RG8 postal district.
Riverwalk, Reading has 2 entries in the Land Registry database, most recently in October 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Riverwalk Reading as £320,399 and the rental value as £1,301 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Riverwalk Reading has decreased by £261 (0.1%) and its rental value has increased by £77 per month (5.9%).
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 Riverwalk, Reading is in very good condition we estimate a sale value of £336,419 and rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,972 and a rental value of £1,210 per month.
If you were able to purchase this property for the estimated value of £320,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,575 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, Riverwalk, Reading was last sold on 15 Oct 2013 for £179,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2013, the market for similar properties has risen 37.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Riverwalk, Reading within a radius of 990 metres over the last 2 years.
The most recent example is 50, Horsecroft Way, Reading, RG31 6XW, a Leasehold flat which sold for £276,000 in Feb 2021.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mapledurham Drive, Purley On Thames, Reading, RG8 has a total of 22 addresses. According to our analysis of all the public data, Riverwalk, Reading is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £397k less expensive than the average property in RG8.
The closest station to Riverwalk, Reading is Tilehurst station which is 1.6 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 Riverwalk, Reading, 44.9% of property is privately owned outright and 42.0% 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 Riverwalk, Reading, 15.5% of residents are recorded as possessing school level qualifications and 35.7% 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 Riverwalk, Reading, the average age was 43.9 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 Riverwalk, Reading, 1.2% 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 Riverwalk, 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.