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According to the public record, 40, Perigee, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 687 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Perigee, Reading is £223,106 and the estimated rental value is £1,349 per month.
Perigee, Shinfield, Reading, RG2 is located within the RG2 postal district.
40, Perigee, Reading has a single entry in the Land Registry from June 2009 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.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 40, Perigee, Reading is in very good condition we estimate a sale value of £234,261 and a rental value of £1,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,488 and a rental value of £1,255 per month.
Over the last 12 months the sale value of 40 Perigee Reading has decreased by an estimated £5,443 (2.4%) and its rental value has increased by an estimated £32 per month (2.4%), giving an expected gross yield of 7.3%.
According to HM Land Registry, 40, Perigee, Reading was last sold on 5th June 2009 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2009, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Perigee, Reading within a radius of 750 metres over the last 2 years.
The most recent example is 22, Perigee, Reading, RG2 9FT, a leasehold flat which sold for £234,000 on the 8th September 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Perigee, Shinfield, Reading, RG2 has a total of 41 addresses. According to our analysis of all the public data, 40, Perigee, Reading is the 34th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in RG2.
The closest station to 40, Perigee, Reading is Earley station which is 3.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 40, Perigee, Reading, 35.7% of property is privately rented and 27.8% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 40, Perigee, Reading, 21.7% of residents are recorded as possessing school level qualifications and 52.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Perigee, Reading, the average age was 37.1 and the most common age was 42.
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 40, Perigee, Reading, 0.0% 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 40, Perigee, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
