40, Prospect Street - RG1 7YG
Key Building Insights
40, Prospect Street is a residential building situated on Prospect Street, Reading, RG1 with 5 addresses.
It ranks as the 910th largest and 317th most expensive of the 1,449 buildings in the RG1 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 3 flats and 2 other properties.
- Ave. Sale Price
- £150,990
- 10 Year change
- down 10.8%
- Ave. Rental Price
- £1,023pcm
- 10 Year change
- up 27.6%
- Ave. £ per ft²
- £375/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Building Insights
40, Prospect Street is a residential building situated on Prospect Street, Reading, RG1 with 5 addresses.
It ranks as the 910th largest and 317th most expensive of the 1,449 buildings in the RG1 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 3 flats and 2 other properties.
- Ave. Sale Price
- £150,990
- 10 Year change
- down 10.8%
- Ave. Rental Price
- £1,023pcm
- 10 Year change
- up 27.6%
- Ave. £ per ft²
- £375/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Properties on Prospect Street, Reading, RG1
- 40A Prospect Street
Period Flat
- 40B Prospect Street
Period Flat
- 40C Prospect Street
1 Bed Period Flat
- 40D Prospect Street
2 Bed Flat
- 40E Prospect Street
1 Bed Period Flat
Sales Market Trends
The last sale in 40, Prospect Street sold for £103,000 on 23rd May 2008. Since then prices are up an average of 19.3%.
The current average value in the building is £150,990.
The 40, Prospect Street Sales Market has decreased by 10.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.4% | £150,990 |
| July 2025 | -2.1% | £153,155 |
| July 2024 | 0.1% | £156,436 |
| July 2023 | -1.5% | £156,256 |
| July 2022 | 3.5% | £158,657 |
| July 2021 | -0.8% | £153,342 |
| July 2020 | -0.5% | £154,652 |
| July 2019 | -3.1% | £155,402 |
| July 2018 | -4.1% | £160,304 |
| July 2017 | -1.3% | £167,189 |
| July 2016 | 15.9% | £169,350 |
| July 2015 | 11.8% | £146,107 |
| July 2014 | 14.5% | £130,735 |
| July 2013 | 3% | £114,187 |
| July 2012 | 1.2% | £110,873 |
| July 2011 | -3.7% | £109,535 |
| July 2010 | 4.3% | £113,751 |
| July 2009 | -10.7% | £109,024 |
| July 2008 | -5.5% | £122,124 |
| July 2007 | 0% | £129,212 |
Rental Market Trends
The current average rental value in the building is £1,023.
The 40, Prospect Street Rental Market has increased by 27.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.5% | £1,023pcm |
| July 2025 | 0.8% | £988pcm |
| July 2024 | 5.3% | £980pcm |
| July 2023 | 11.8% | £930pcm |
| July 2022 | 7.7% | £832pcm |
| July 2021 | -0.4% | £773pcm |
| July 2020 | 0.3% | £776pcm |
| July 2019 | -0.9% | £774pcm |
| July 2018 | -0.5% | £780pcm |
| July 2017 | -2.2% | £784pcm |
| July 2016 | 2.8% | £802pcm |
| July 2015 | 6.1% | £780pcm |
| July 2014 | 5.9% | £735pcm |
| July 2013 | 1.9% | £694pcm |
| July 2012 | 2.7% | £681pcm |
| July 2011 | 1.9% | £663pcm |
| July 2010 | 0.3% | £651pcm |
| July 2009 | -9.6% | £649pcm |
| July 2008 | 1.5% | £718pcm |
| July 2007 | 0% | £707pcm |
Sales History
The last recorded sale was on 23rd May 2008 for £103,000 and since then the market in the area has increased by 19.3%.
40, Prospect Street, Reading, RG1 7YG has had 3 sales since 1995, none of them in the last three years.
- Sold May 2008£103,000 | 1 Bed Flat40E, Prospect Street, Reading, RG1 7YG40E, Prospect Street, Reading, RG1 7YG
- Sold May 2007£140,000 | 2 Bed Flat40D, Prospect Street, Reading, RG1 7YG40D, Prospect Street, Reading, RG1 7YG
- Sold Jan 2002£80,000 | 1 Bed Flat40C, Prospect Street, Reading, RG1 7YG40C, Prospect Street, Reading, RG1 7YG
Property Types
- 2 period flats built between 1800 and 1911
- 1 flat of an unknown age
- 2 other addresses of unknown type
- period flat (2)
- flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Feb 2024£550,000 | 5 Bed House50, Prospect Street, Reading, RG1 7YG50, Prospect Street, Reading, RG1 7YG
- Sold Sep 2025£490,000 | 3 Bed House48, Prospect Street, Reading, RG1 7YG48, Prospect Street, Reading, RG1 7YG
- Sold Feb 2017£445,000 | 4 Bed House13, Prospect Street, Reading, RG1 7YQ13, Prospect Street, Reading, RG1 7YQ
Schools Nearby
- Oxford Road Community School100 m away
- All Saints Church of England Aided Infant School300 m away
- All Saints Junior School300 m away
- River Academy1.2 km away
- The WREN School1.3 km away
- Kendrick School1.6 km away
More reading links
Public Transport Nearby
The closest station to 40, Prospect Street, Reading, RG1 7YG is Reading West station, which is 300 metres away.
- Reading West|300 m away
- Reading|1.1 km away
- Reading Green Park|3.2 km away
- Tilehurst|3.6 km away
