Flat 906, Verto 120
Flat 906, Verto 120
Description & Estimates
Public records show Flat 906, Verto 120, Reading to be a modern leasehold apartment with 1,001 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 906, Verto 120, Reading has an estimated sale value of £451,615 and an estimated rental value of £2,145 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 906, 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 906, Verto 120, Reading would be worth £474,196, with a potential rental value of £2,252 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £420,002, with a rental value of £1,995 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 906, Verto 120, Reading has decreased by £14,034 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £36 (1.7%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
Flat 906, 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 906, Verto 120, Reading last changed hands on 23rd April 2019, selling for £518,213. 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 18.7% since April 2019.
- Sold Apr 2019£518,213
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of Flat 906, Verto 120, Reading across the last 2 years.
Most recently, Flat 806, Verto 120, Kings Road, Reading, RG1 3FS, a leasehold flat, sold at £590,000 on the 10th February 2023.
Read more about house prices in RG1.
- Sold Feb 2023£590,000 | 3 Bed FlatVerto 120, Kings RoadFlat 806, Verto 120, Kings Road, Reading, RG1 3FS
- Sold Apr 2019£520,000 | 3 Bed FlatVerto 120, Kings RoadFlat 706, Verto 120, Kings Road, Reading, RG1 3FS
- Sold Apr 2019£555,000 | 3 Bed FlatVerto 120, Kings RoadFlat 1006, 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 906, Verto 120, Reading as the 48th largest and the 20th most expensive of the 827 addresses on Kings Road, Reading, RG1.
Against the RG1 postcode district average, it is £155k 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 906, 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.
