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Public records show Flat 11, 1, Cox Terrace, Reading to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 11, 1, Cox Terrace, Reading has an estimated sale value of £275,685 and an estimated rental value of £1,446 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Cox Terrace, Reading, RG1.
Cox Terrace, Reading, RG1 lies within the RG1 postal district.
Flat 11, 1, Cox Terrace, Reading has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated April 2022.
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.
In very good condition, we estimate Flat 11, 1, Cox Terrace, Reading would be worth £289,469, with a potential rental value of £1,519 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £256,387, with a rental value of £1,345 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 11, 1, Cox Terrace, Reading has dropped by £7,358 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £26 (1.8%). The property's estimated gross yield is currently 6.3%.
Flat 11, 1, Cox Terrace, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Flat 11, 1, Cox Terrace, Reading last changed hands on 16th June 2022, selling for £272,500. 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 dropped by 26.3% since June 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of Flat 11, 1, Cox Terrace, Reading across the last 2 years.
Most recently, Flat 4, 1, Cox Terrace, Reading, RG1 8FY, a leasehold flat, sold at £279,950 on the 2nd September 2022.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 11, 1, Cox Terrace, Reading as the 27th largest and the 27th most expensive of the 30 addresses on Cox Terrace, Reading, RG1.
Against the RG1 postcode district average, it is £21k less expensive than the typical property.
Reading station is the nearest stop to Flat 11, 1, Cox Terrace, Reading at 700 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 11, 1, Cox Terrace, Reading, 50.4% of property is privately rented and 29.6% 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 Flat 11, 1, Cox Terrace, Reading, 15.8% of residents are recorded as possessing school level qualifications and 56.2% 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 Flat 11, 1, Cox Terrace, Reading, the average age was 34 and the most common age was 32.
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 Flat 11, 1, Cox Terrace, 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 Flat 11, 1, Cox Terrace, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.