1, Elm Drive
1, Elm Drive
Description & Estimates
1, Elm Drive, Reading is recorded publicly as a modern leasehold apartment across 785 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 1, Elm Drive, Reading is £277,291 and its rental estimate is £1,292 per month, given the available information and assuming reasonable condition.
Elm Drive, Woodley, Reading, RG5 falls within the RG5 postal district.
Our Data Sources
1, Elm Drive, Reading has 3 entries in the Land Registry , most recently in August 2025 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Elm Drive, Reading, we estimate a market value of £291,155 and a rental value of £1,356 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £257,880 and £1,201 per month respectively.
Recent Market Change
Over the last year, 1, Elm Drive, Reading has seen its estimated sale value decline by £9,311 (3.4%) and its estimated rental value climb by £6 per month (0.5%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
1, Elm Drive, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Elm Drive, Reading completed on 21st August 2025 at £295,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 11.1% over the period since August 2025.
- Sold Aug 2025£295,000
- Sold Nov 2022£289,950
- Sold Oct 2018£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Elm Drive, Reading have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd July 2024, was 11, Elm Drive, Reading, RG5 4FD, a leasehold flat which sold for £275,000.
Read more about house prices in RG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 106 addresses on Elm Drive, Woodley, Reading, RG5, 1, Elm Drive, Reading comes out as the 69th largest and the 76th most expensive in our analysis of the public data.
It is also £178k less expensive than the average property across the RG5 district.
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Schools Nearby
- 700mWoodley CofE Primary School
- 1.3kmWillow Bank Infant School
- 1.3kmWillow Bank Junior School
- 1.1kmWaingels
- 2.9kmThe Bulmershe School
- 3.1kmThe Forest School
More reading links
Public Transport Nearby
From 1, Elm Drive, Reading, the nearest station is Twyford, 2.0 kilometres away.
- 2.0kmTwyford
- 2.7kmWinnersh Triangle
- 3.2kmWinnersh
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
