2, Maltings Place
2, Maltings Place
Description & Estimates
2, Maltings Place, Reading is recorded publicly as a modern leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Maltings Place, Reading is £238,217 and its rental estimate is £1,302 per month, given the available information and assuming reasonable condition.
Maltings Place, Reading, RG1 falls within the RG1 postal district.
Our Data Sources
2, Maltings Place, Reading has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated September 2020.
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, Maltings Place, Reading, we estimate a market value of £250,128 and a rental value of £1,367 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £221,542 and £1,211 per month respectively.
Recent Market Change
Over the last year, 2, Maltings Place, Reading has seen its estimated sale value fall by £6,358 (2.7%) and its estimated rental value move up by £23 per month (1.8%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
2, Maltings Place, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 2, Maltings Place, Reading completed on 27th November 2024 at £290,000 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 dropped by 12.4% over the period since November 2024.
- Sold Nov 2024£290,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Maltings Place, Reading have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th February 2025, was 5, Rose Walk, Reading, RG1 6QB, a leasehold flat which sold for £210,000.
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 56 addresses on Maltings Place, Reading, RG1, 2, Maltings Place, Reading comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the RG1 district.
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Schools Nearby
- 400mColey Primary School
- 400mKatesgrove Primary School
- 700mCivitas Academy
- 700mKendrick School
- 1.5kmReading School
- 1.7kmRiver Academy
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Public Transport Nearby
From 2, Maltings Place, Reading, the nearest station is Reading, 600 metres away.
- 600mReading
- 1.1kmReading West
- 3.4kmReading Green Park
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.
