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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
Flat 15, 1, Cox Terrace, Reading is recorded publicly as a modern leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 15, 1, Cox Terrace, Reading is £303,828 and its rental estimate is £1,551 per month, given the available information and assuming reasonable condition.
1, Cox Terrace is a residential building on Cox Terrace, Reading, RG1 and falls within the RG1 postal district.
Flat 15, 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.
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 Flat 15, 1, Cox Terrace, Reading, we estimate a market value of £319,019 and a rental value of £1,629 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £282,560 and £1,443 per month respectively.
Over the last year, Flat 15, 1, Cox Terrace, Reading has seen its estimated sale value decline by £8,109 (2.7%) and its estimated rental value climb by £28 per month (1.8%). This results in an estimated gross rental yield of 6.1%.
Flat 15, 1, Cox Terrace, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 15, 1, Cox Terrace, Reading completed on 17th June 2022 at £352,000 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 dropped by 26.3% over the period since June 2022.
Over the past 2 years 3 properties similar to Flat 15, 1, Cox Terrace, Reading have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2022, was Flat 7, 1, Cox Terrace, Reading, RG1 8FY, a leasehold flat which sold for £352,000.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 30 addresses on Cox Terrace, Reading, RG1, Flat 15, 1, Cox Terrace, Reading comes out as the 24th largest and the 24th most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the RG1 district.
From Flat 15, 1, Cox Terrace, Reading, the nearest station is Reading, 700 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 15, 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 15, 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 15, 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 15, 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 15, 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.
