Flat 403, Verto 120
Flat 403, Verto 120
Description & Estimates
Flat 403, Verto 120, Reading is described in the public record as a modern apartment with 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 403, Verto 120, Reading is £298,911 and its rental estimate is £1,455 per month, given the available information and assuming reasonable condition.
Verto, Kings Road is a residential building on Kings Road, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 403, Verto 120, Reading has no records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 403, Verto 120, Reading, we estimate a market value of £313,857 and a rental value of £1,527 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,987 and £1,353 per month respectively.
Recent Market Change
Over the last year, Flat 403, Verto 120, Reading has seen its estimated sale value move down by £7,628 (2.6%) and its estimated rental value increase by £32 per month (2.2%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 403, Verto 120, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 403, Verto 120, Reading have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was Flat 402, Verto 120, Kings Road, Reading, RG1 3FR, a leasehold flat which sold for £310,000.
Read more about house prices in RG1.
- Sold Nov 2024£310,000 | 2 Bed FlatFlat 402, Verto 120, Kings Road, Reading, RG1 3FRFlat 402, Verto 120, Kings Road, Reading, RG1 3FR
- Sold Mar 2024£295,000 | 2 Bed FlatFlat 203, Verto 120, Kings Road, Reading, RG1 3FRFlat 203, Verto 120, Kings Road, Reading, RG1 3FR
- Sold Nov 2020£334,000 | 2 Bed FlatFlat 302, Verto 120, Kings Road, Reading, RG1 3FRFlat 302, Verto 120, Kings Road, Reading, RG1 3FR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 827 addresses on Kings Road, Reading, RG1, Flat 403, Verto 120, Reading comes out as the 287th largest and the 164th most expensive in our analysis of the public data.
It is also £3k more expensive than the average property across the RG1 district.
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Schools Nearby
- 700mSt John's Church of England Primary School
- 900mKatesgrove Primary School
- 900mNew Town Primary School
- 400mKendrick School
- 900mReading School
- 1.7kmMaiden Erlegh School in Reading
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Public Transport Nearby
From Flat 403, Verto 120, Reading, the nearest station is Reading, 700 metres away.
- 700mReading
- 1.9kmReading West
- 3.5kmEarley
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
