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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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8, Orchard Court, Reading is recorded publicly as a modern leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 8, Orchard Court, Reading is £87,325 and its rental estimate is £543 per month, given the available information and assuming reasonable condition.
Orchard Court, Reading, RG2 falls within the RG2 postal district.
8, Orchard Court, Reading has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 8, Orchard Court, Reading, we estimate a market value of £91,691 and a rental value of £570 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £81,212 and £505 per month respectively.
Over the last year, 8, Orchard Court, Reading has seen its estimated sale value fall by £1,062 (1.2%) and its estimated rental value move up by £21 per month (3.8%). This results in an estimated gross rental yield of 7.5%.
8, Orchard Court, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
The most recent sale of 8, Orchard Court, Reading completed on 19th January 2007 at £84,500 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 162.2% over the period since January 2007.
Over the past 2 years 1 property similar to 8, Orchard Court, Reading has sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th January 2009, was 8 Engineers Court, Whitley Wood Lane, Reading, RG2 8AQ, a leasehold flat which sold for £45,000.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on Orchard Court, Reading, RG2, 8, Orchard Court, Reading comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £286k less expensive than the average property across the RG2 district.
From 8, Orchard Court, Reading, the nearest station is Reading Green Park, 2.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Orchard Court, Reading, 42.8% of property is socially rented and 16.7% 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 8, Orchard Court, Reading, 12.9% of residents are recorded as possessing school level qualifications and 27.5% 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 8, Orchard Court, Reading, the average age was 37.7 and the most common age was 37.
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 8, Orchard Court, Reading, 0.8% 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 8, Orchard Court, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
