Flat 21, 1
Flat 21, 1
Description & Estimates
According to the public record, Flat 21, 1, Cox Terrace, Reading is a modern leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 21, 1, Cox Terrace, Reading is £371,797 and the estimated rental value is £1,863 per month.
The apartment is within 1, Cox Terrace, Reading, RG1.
Cox Terrace, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 21, 1, Cox Terrace, Reading has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated May 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.
Price Range & Condition
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 Flat 21, 1, Cox Terrace, Reading is in very good condition we estimate a sale value of £390,387 and a rental value of £1,956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,771 and a rental value of £1,732 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 21, 1, Cox Terrace, Reading has decreased by £14,606 (3.9%), while its estimated rental value has grown by £14 per month (0.7%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 21, 1, Cox Terrace, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 21, 1, Cox Terrace, Reading was last sold on 30th June 2022 for £390,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped by 33.8%.
- Sold Jun 2022£390,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, 1, Cox Terrace, Reading within a radius of 540 metres over the last 2 years.
The most recent example is Flat 3, 1, Cox Terrace, Reading, RG1 8FY, a leasehold flat which sold for £405,000 on the 17th June 2022.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cox Terrace, Reading, RG1 has a total of 30 addresses. According to our analysis of all the public data, Flat 21, 1, Cox Terrace, Reading is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in RG1.
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Schools Nearby
- 200mE P Collier Primary School
- 500mCivitas Academy
- 800mOxford Road Community School
- 600mRiver Academy
- 1.6kmKendrick School
- 2.1kmThe WREN School
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Public Transport Nearby
The closest station to Flat 21, 1, Cox Terrace, Reading is Reading station, which is 700 metres away.
- 700mReading
- 1.0kmReading West
- 3.6kmTilehurst
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
