Flat 604 Verto, 120 Kings Road

    FLAT 604 VERTO, 120, KINGS ROAD, READING, RG1 3FR

    This flat/maisonette leasehold property on Kings Road last sold in September 2020 for £277,500. Based on price growth in the RG1 district since then, its estimated current value is £248,012 — placing it in the 37th percentile nationally and the 35th percentile within RG1. The property covers 46 m² (495 sq ft), giving an estimated value of £5,392 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £277,500

    Sept 2020

    Estimated Valuation

    £248,012

    Est. £/sq ft

    £501/sq ft

    £5,392/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateMar 2019
    WallsAverage thermal transmittance 0.20 W/m
    HeatingCommunity scheme

    Transaction History

    17 Sept 2020

    New build

    £277,500

    Key Metrics

    Estimated valuation£248,012
    Value per sq ft / m²£501/sq ft (£5,392/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile35th percentile
    National percentile37th percentile

    District Context — RG1

    RG1 covers central Reading, including the town centre and surrounding residential areas in Berkshire. It is a diverse, urban neighbourhood with strong rental activity and a younger demographic profile.

    Average Property Price - RG1

    £330,361

    51

    National percentile

    Average Net Household Income - RG1

    £22,316

    2

    National percentile

    10-Year Annualised Price Growth - RG1

    2.3%

    13

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG1

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