3, Maltings Place
3, Maltings Place
Description & Estimates
According to the public record, 3, Maltings Place, Reading is a modern apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Maltings Place, Reading is £240,351 and the estimated rental value is £1,310 per month.
Maltings Place, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
3, Maltings Place, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Maltings Place, Reading is in very good condition we estimate a sale value of £252,369 and a rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,527 and a rental value of £1,218 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Maltings Place, Reading has moved down by £6,415 (2.7%), while its estimated rental value has increased by £24 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Energy Efficiency
3, Maltings Place, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 3, Maltings Place, Reading was last sold on 12th December 2002 for £191,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
- Sold Dec 2002£191,950
- Sold Oct 2000£132,000
- Sold Dec 1995£59,990
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Maltings Place, Reading within a radius of 430 metres over the last 2 years.
The most recent example is 2, Maltings Place, Reading, RG1 6QG, a leasehold flat which sold for £290,000 on the 27th November 2024.
Read more about house prices in RG1.
- Sold Nov 2024£290,000 | 2 Bed Flat2, Maltings Place, Reading, RG1 6QG2, Maltings Place, Reading, RG1 6QG
- Sold Nov 2024£240,000 | 2 Bed Flat12, Simmonds Street, Reading, RG1 6QF12, Simmonds Street, Reading, RG1 6QF
- Sold Jan 2023£290,000 | 2 Bed Flat18, Waterside Gardens, Reading, RG1 6QE18, Waterside Gardens, Reading, RG1 6QE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Maltings Place, Reading, RG1 has a total of 56 addresses. According to our analysis of all the public data, 3, Maltings Place, Reading is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in RG1.
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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
The closest station to 3, Maltings Place, Reading is Reading station, which is 600 metres away.
- 600mReading
- 1.1kmReading West
- 3.4kmReading Green Park
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
