Flat 4, Bourne House
Flat 4, Bourne House
Description & Estimates
According to the public record, Flat 4, Bourne House, Reading is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Bourne House, Reading is £227,360 and the estimated rental value is £1,144 per month.
The apartment is within Bourne House, Old Grange Close, Calcot, Reading, RG31.
Old Grange Close, Calcot, Reading, RG31 is located within the RG31 postal district.
Our Data Sources
Flat 4, Bourne House, Reading has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated November 2020.
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.
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 4, Bourne House, Reading is in very good condition we estimate a sale value of £238,728 and a rental value of £1,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,445 and a rental value of £1,064 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, Bourne House, Reading has decreased by £5,163 (2.3%), while its estimated rental value has grown by £30 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 4, Bourne House, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 4, Bourne House, Reading was last sold on 20th December 2021 for £245,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped by 11.9%.
- Sold Dec 2021£245,000
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 4, Bourne House, Reading within a radius of 920 metres over the last 2 years.
The most recent example is Flat 5, Bourne House, Old Grange Close, Reading, RG31 7BZ, a leasehold flat which sold for £248,000 on the 13th May 2022.
Read more about house prices in RG31.
- Sold May 2022£248,000 | 2 Bed FlatBourne House, Old Grange CloseFlat 5, Bourne House, Old Grange Close, Reading, RG31 7BZ
- Sold May 2022£270,000 | 2 Bed FlatNew Barn, Old Grange CloseFlat 7, New Barn, Old Grange Close, Reading, RG31 7BY
- Sold Dec 2021£237,000 | 2 Bed FlatBourne House, Old Grange CloseFlat 2, Bourne House, Old Grange Close, Reading, RG31 7BZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Old Grange Close, Calcot, Reading, RG31 has a total of 27 addresses. According to our analysis of all the public data, Flat 4, Bourne House, Reading is the 22nd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in RG31.
More reading links
Schools Nearby
- 500mCalcot Infant School and Nursery
- 500mCalcot Junior School
- 1.4kmSpringfield Primary School
- 1.6kmLittle Heath School
- 2.0kmTheale Green School
- 2.9kmKing's Academy Prospect
More reading links
Public Transport Nearby
The closest station to Flat 4, Bourne House, Reading is Theale station, which is 1.4 kilometres away.
- 1.4kmTheale
- 3.9kmTilehurst
- 4.3kmReading Green Park
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
