17, Prospect Street
17, Prospect Street
Description & Estimates
17, Prospect Street, Reading is recorded publicly as a period freehold house across 1,119 ft2 of internal area, sitting on a 258 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 17, Prospect Street, Reading is £182,817 and its rental estimate is £1,090 per month, given the available information and assuming reasonable condition.
Prospect Street, Reading, RG1 falls within the RG1 postal district.
Our Data Sources
17, Prospect Street, Reading has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 17, Prospect Street, Reading, we estimate a market value of £191,957 and a rental value of £1,144 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,019 and £1,014 per month respectively.
Recent Market Change
Over the last year, 17, Prospect Street, Reading has seen its estimated sale value drop by £5,389 (2.9%) and its estimated rental value rise by £19 per month (1.7%). This results in an estimated gross rental yield of 7.2%.
Plot Size
HM Land Registry records the plot of land for 17, Prospect Street, Reading as measuring 258 m2.
That makes it the 2nd largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
17, Prospect Street, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 17, Prospect Street, Reading completed on 29th May 2007 at £305,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 67.4% over the period since May 2007.
- Sold May 2007£305,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 17, Prospect Street, Reading has sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2016, was 3, Prospect Street, Reading, RG1 7YQ, a freehold house which sold for £280,000.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 166 addresses on Prospect Street, Reading, RG1, 17, Prospect Street, Reading comes out as the 19th largest and the 92nd most expensive in our analysis of the public data.
It is also £113k less expensive than the average property across the RG1 district.
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Schools Nearby
- 100mOxford Road Community School
- 400mAll Saints Church of England Aided Infant School
- 400mAll Saints Junior School
- 1.2kmRiver Academy
- 1.3kmThe WREN School
- 1.5kmKendrick School
More reading links
Public Transport Nearby
From 17, Prospect Street, Reading, the nearest station is Reading West, 300 metres away.
- 300mReading West
- 1.1kmReading
- 3.2kmReading Green Park
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.
