40 Blu Bracknell, Bracknell
40 Blu Bracknell, Bracknell
Description & Estimates
40 Blu Bracknell, Bracknell is recorded publicly as a modern leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40 Blu Bracknell, Bracknell is £269,581 and its rental estimate is £1,280 per month, given the available information and assuming reasonable condition.
Blu Bracknell, Wokingham Road is a residential building on Wokingham Road, Bracknell, RG42 and falls within the RG42 postal district.
Our Data Sources
40 Blu Bracknell, Bracknell has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40 Blu Bracknell, Bracknell, we estimate a market value of £283,060 and a rental value of £1,344 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,711 and £1,190 per month respectively.
Recent Market Change
Over the last year, 40 Blu Bracknell, Bracknell has seen its estimated sale value fall by £5,493 (2.0%) and its estimated rental value move up by £20 per month (1.6%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
40 Blu Bracknell, Bracknell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 40 Blu Bracknell, Bracknell completed on 3rd August 2020 at £275,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.4% over the period since August 2020.
- Sold Aug 2020£275,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40 Blu Bracknell, Bracknell have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th May 2023, was 110 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AF, a leasehold flat which sold for £283,000.
Read more about house prices in RG42.
- Sold May 2023£283,000 | 2 Bed Flat110 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AF110 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AF
- Sold May 2023£279,845 | 2 Bed Flat126 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AF126 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AF
- Sold Nov 2022£285,000 | 2 Bed Flat121 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AF121 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 361 addresses on Wokingham Road, Bracknell, RG42, 40 Blu Bracknell, Bracknell comes out as the 171st largest and the 84th most expensive in our analysis of the public data.
It is also £234k less expensive than the average property across the RG42 district.
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Schools Nearby
- 500mKing's Academy Meadow Vale
- 1.3kmWildridings Primary School
- 1.3kmSandy Lane Primary School
- 1.3kmGarth Hill College
- 1.6kmRanelagh School
- 1.6kmThe Brakenhale School
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Public Transport Nearby
From 40 Blu Bracknell, Bracknell, the nearest station is Bracknell, 1.1 kilometres away.
- 1.1kmBracknell
- 3.1kmMartins Heron
- 5.4kmWokingham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
