Engineers Court, Reading, Berkshire, RG2
SO

Engineers Court, Reading, Berkshire, RG2

By So Resi

£ 108,000

Reviews

3 out of 5 stars

So Resi says ..

This bright, well-decorated one-bedroom apartment is now available in Reading through Shared Ownership. The first-floor property comprises an entrance hall, a spacious living room, a modern fitted kitchen, one large bedroom, and a bathroom.  Outside, there is an allocated of...

Property Oracle says ..

The property is a 1-bedroom flat with a total area of 522.90 sqft and a plot size of 664 sqft. The list price is £108,000. The property appears to be in good condition, with a modern kitchen and bathroom. The living area is spacious and well-presented. The images show a small, manageable garden area. The location in Whitley, Reading, benefits from proximity to several schools, including Whitley Park Primary and Nursery School (0.58km), John Madejski Academy (0.61km), and several others within a 1km radius. Transportation links are also relatively close, with Reading railway station approximately 3.73km away. This suggests reasonable access to amenities and commuting options. Considering the average price per sqft in the area is £333.00, and this property is listed at £108,000, the price seems relatively low for the area. However, it’s important to note that the average price of properties in the area is significantly higher (£317,942), and the average sqft is also larger (953 sqft). The lower price point might be attributed to the smaller size of the flat compared to the area average. Nearby comparable properties show a wide range of prices, suggesting that the market in this specific location is quite varied. The smaller size of this property compared to other properties in the area might account for the lower price. The property includes a small garden area, which is a positive feature, especially for a flat. In summary, this property offers a potentially good value option for a first-time buyer or investor seeking a smaller property in a convenient location with good access to amenities and transport. However, potential buyers should carefully consider the smaller size of the property in relation to the average size of properties in the area.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
6
Bedrooms
1
Bathrooms
0
Sqft (est)
522.90
Lot (est)
664.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
312,014.00 £
Increased by 7.46 %
from 290,359.00 £
Est sale value
210,728.70 £
Increased by 44.96 %
from 145,366.20 £
Average area rental value
1,599.00 £/mo
Decreased by 0.87 %
from 1,613.00 £/mo
Est letting value
1,045.80 £/mo
Increased by 100.00 %
from 522.90 £/mo
Est rental Yield
6.15 %
Decreased by 7.80 %
from 6.67 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • So Resi created the listing.

Nearby Schools

NameTypeOfstedDistance
Whitley Park Primary And Nursery SchoolCommunity SchoolRequires improvement0.58 KM
John Madejski AcademyAcademy Sponsor LedRequires improvement0.61 KM
Geoffrey Field Junior SchoolCommunity SchoolGood0.81 KM
Geoffrey Field Infant SchoolCommunity SchoolOutstanding0.81 KM
Christ The King Catholic Primary SchoolVoluntary Aided SchoolRequires improvement0.83 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Merrivale Gardens £ 000.00 KM
Poldark Place £ 000.00 KM
Honiton Road £ 000.00 KM
Commercial Road £ 000.00 KM
Vernon Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG3.73 KM
Reading West3160RDW4.14 KM
Earley5694EAR5.81 KM
Tilehurst3154TLH8.53 KM
Winnersh Triangle5698WTI8.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Engineers Court, Reading, Berkshire, RG2 £ 97,500BUY7 / 100.00 KM
Engineers Court, Reading, Berkshire, RG2 £ 108,000BUY7 / 100.00 KM
Hartland Road, Reading, Berkshire, RG2 £ 325,000BUY5 / 100.12 KM
Hartland Road, Reading, Berkshire, RG2 £ 300,000BUY5 / 100.12 KM
Hartland Court, Reading, RG2 £ 240,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
17 Corinne Close £ 222,0000.02 KM
2 Corinne Close £ 214,5000.02 KM
28 Corinne Close £ 275,0000.02 KM
31 Corinne Close £ 320,0000.02 KM
3 Corinne Close £ 195,0000.02 KM