2 Alpha House Flats, Reading
2 Alpha House Flats, Reading
Description & Estimates
2 Alpha House Flats, Reading is recorded publicly as a mid-century leasehold apartment across 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2 Alpha House Flats, Reading is £133,043 and its rental estimate is £852 per month, given the available information and assuming reasonable condition.
Alpha House Flats, Kendrick Road is a residential building on Kendrick Road, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
2 Alpha House Flats, Reading has a single entry in the Land Registry from March 2015 and a single entry in the EPC database dated October 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2 Alpha House Flats, Reading, we estimate a market value of £139,695 and a rental value of £894 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,730 and £792 per month respectively.
Recent Market Change
Over the last year, 2 Alpha House Flats, Reading has seen its estimated sale value move down by £1,614 (1.2%) and its estimated rental value increase by £27 per month (3.2%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
2 Alpha House Flats, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Oct 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 2 Alpha House Flats, Reading completed on 13th March 2015 at £125,000 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 risen by 8.1% over the period since March 2015.
- Sold Mar 2015£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Alpha House Flats, Reading have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2024, was 15 Alpha House Flats, Kendrick Road, Reading, RG1 5DR, a leasehold flat which sold for £148,000.
Read more about house prices in RG1.
- Sold Aug 2024£148,000 | 1 Bed FlatKendrick Road15 Alpha House Flats, Kendrick Road, Reading, RG1 5DR
- Sold Oct 2023£150,000 | 1 Bed FlatKendrick Road14 Alpha House Flats, Kendrick Road, Reading, RG1 5DR
- Sold Oct 2022£125,000 | 1 Bed FlatKendrick Road6 Alpha House Flats, Kendrick Road, Reading, RG1 5DR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 211 addresses on Kendrick Road, Reading, RG1, 2 Alpha House Flats, Reading comes out as the 201st largest and the 192nd most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the RG1 district.
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Schools Nearby
- 500mKatesgrove Primary School
- 600mNew Christ Church Church of England Primary School
- 900mColey Primary School
- 200mKendrick School
- 700mReading School
- 1.4kmReading Girls' School
More reading links
Public Transport Nearby
From 2 Alpha House Flats, Reading, the nearest station is Reading, 1.1 kilometres away.
- 1.1kmReading
- 1.9kmReading West
- 3.4kmEarley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
