48 Blu Bracknell, Bracknell
48 Blu Bracknell, Bracknell
Description & Estimates
Public records show 48 Blu Bracknell, Bracknell to be a modern leasehold apartment with 785 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
48 Blu Bracknell, Bracknell has an estimated sale value of £298,399 and an estimated rental value of £1,348 per month, assuming reasonable condition and based on the information available.
The apartment sits within Blu Bracknell, Wokingham Road, Bracknell, RG42.
Wokingham Road, Bracknell, RG42 lies within the RG42 postal district.
Our Data Sources
48 Blu Bracknell, Bracknell has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated March 2020.
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
In very good condition, we estimate 48 Blu Bracknell, Bracknell would be worth £313,319, with a potential rental value of £1,415 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £277,511, with a rental value of £1,253 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 48 Blu Bracknell, Bracknell has declined by £6,080 (2.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £21 (1.6%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
48 Blu Bracknell, Bracknell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
48 Blu Bracknell, Bracknell last changed hands on 9th February 2023, selling for £345,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 6.5% since February 2023.
- Sold Feb 2023£345,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 48 Blu Bracknell, Bracknell across the last 2 years.
Most recently, 28 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AD, a leasehold flat, sold at £272,000 on the 31st May 2024.
Read more about house prices in RG42.
- Sold May 2024£272,000 | 2 Bed Flat28 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AD28 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AD
- Sold Feb 2023£369,500 | 2 Bed Flat49 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AD49 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AD
- Sold May 2021£330,000 | 2 Bed Flat144 Blu Bracknell, Wokingham Road, Bracknell, RG42 1AF144 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
Our analysis of the public data ranks 48 Blu Bracknell, Bracknell as the 77th largest and the 42nd most expensive of the 361 addresses on Wokingham Road, Bracknell, RG42.
Against the RG42 postcode district average, it is £205k less expensive than the typical property.
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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
Bracknell station is the nearest stop to 48 Blu Bracknell, Bracknell at 1.1 kilometres away.
- 1.1kmBracknell
- 3.1kmMartins Heron
- 5.4kmWokingham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
