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In this area, apartments of this size normally have 3 bedrooms with a garden.
131 Road, Reading has an estimated sale value of £298,142 and an estimated rental value of £1,835 per month, assuming reasonable condition and based on the information available.
The apartment sits within 131, London Road, Reading, RG1.
London Road, Reading, RG1 lies within the RG1 postal district.
131 Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 131 Road, Reading would be worth £313,049, with a potential rental value of £1,927 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £277,272, with a rental value of £1,707 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 131 Road, Reading has moved down by £9,174 (3.1%) over the last year. During the same period, its estimated monthly rental value has increased by £31 (1.7%). The property's estimated gross yield is currently 7.4%.
131 Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales within 350 metres of 131 Road, Reading across the last 2 years.
Most recently, 127, London Road, Reading, RG1 5DD, a freehold house, sold at £433,000 on the 30th April 2024.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 131 Road, Reading as the 66th largest and the 130th most expensive of the 508 addresses on London Road, Reading, RG1.
Against the RG1 postcode district average, it is £2k more expensive than the typical property.
Reading station is the nearest stop to 131 Road, Reading at 1.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 131 Road, Reading, 82.7% of property is privately rented and 10.2% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 131 Road, Reading, 13.8% of residents are recorded as possessing school level qualifications and 58.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 131 Road, Reading, the average age was 33.3 and the most common age was 22.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 131 Road, Reading, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 131 Road, Reading, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.