Our Data Sources
16, Palmer Street, Reading has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 16, Palmer Street, Reading, we estimate a market value of £510,366 and a rental value of £2,469 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £452,038 and £2,187 per month respectively.
Energy Efficiency
16, Palmer Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of 16, Palmer Street, Reading completed on 18th October 2023 at £570,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 38.4% over the period since October 2023.
- Sold Oct 2023£570,500
Similar Properties Sold Nearby
Over the past 2 years 26 properties similar to 16, Palmer Street, Reading have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2023, was 15, Carraway Street, Reading, RG1 3GB, a leasehold flat which sold for £559,500.
Read more about house prices in RG1.
- Sold Aug 2023£559,500 | 3 Bed Flat15, Carraway Street, Reading, RG1 3GB15, Carraway Street, Reading, RG1 3GB
- Sold Aug 2023£559,500 | 3 Bed Flat11, Carraway Street, Reading, RG1 3GB11, Carraway Street, Reading, RG1 3GB
- Sold Mar 2022£536,750 | 3 Bed Flat12, Carraway Street, Reading, RG1 3GB12, Carraway Street, Reading, RG1 3GB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 254 addresses on Palmer Street, Reading, RG1, 16, Palmer Street, Reading comes out as the 7th largest and the most expensive in our analysis of the public data.
It is also £194k more expensive than the average property across the RG1 district.
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Schools Nearby
- St John's Church of England Primary School600 m away
- New Town Primary School800 m away
- Katesgrove Primary School1.1 km away
- Kendrick School600 m away
- Reading School1.1 km away
- Maiden Erlegh School in Reading1.8 km away
More reading links
Public Transport Nearby
- Reading|700 m away
- Reading West|2.0 km away
- Earley|3.5 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
