Flat 902, Verto 120
Flat 902, Verto 120
Description & Estimates
Public records show Flat 902, Verto 120, Reading to be a modern leasehold apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 902, Verto 120, Reading has an estimated sale value of £320,391 and an estimated rental value of £1,585 per month, assuming reasonable condition and based on the information available.
The apartment sits within Verto, Kings Road, Reading, RG1.
Kings Road, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 902, Verto 120, Reading has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated March 2019.
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
In very good condition, we estimate Flat 902, Verto 120, Reading would be worth £336,411, with a potential rental value of £1,664 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £297,964, with a rental value of £1,474 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 902, Verto 120, Reading has moved down by £8,176 (2.6%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (2.2%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
Flat 902, 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.
Sold Prices
Flat 902, Verto 120, Reading last changed hands on 18th April 2019, selling for £319,600. 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 23.5% since April 2019.
- Sold Apr 2019£319,600
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of Flat 902, Verto 120, Reading across the last 2 years.
Most recently, Flat 1002, Verto 120, Kings Road, Reading, RG1 3FS, a leasehold flat, sold at £300,000 on the 29th July 2024.
Read more about house prices in RG1.
- Sold Jul 2024£300,000 | 2 Bed FlatVerto 120, Kings RoadFlat 1002, Verto 120, Kings Road, Reading, RG1 3FS
- Sold Mar 2024£295,000 | 2 Bed FlatVerto 120, Kings RoadFlat 703, Verto 120, Kings Road, Reading, RG1 3FS
- Sold Aug 2023£330,000 | 2 Bed FlatVerto 120, Kings RoadFlat 1202, Verto 120, Kings Road, Reading, RG1 3FS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 902, Verto 120, Reading as the 344th largest and the 121st most expensive of the 827 addresses on Kings Road, Reading, RG1.
Against the RG1 postcode district average, it is £24k more expensive than the typical property.
More reading links
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
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 902, Verto 120, Reading at 700 metres away.
- 700mReading
- 1.9kmReading West
- 3.5kmEarley
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
