81, Lower Elmstone Drive
81, Lower Elmstone Drive
Description & Estimates
81, Lower Elmstone Drive, Reading is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 81, Lower Elmstone Drive, Reading is £215,219 and its rental estimate is £1,109 per month, given the available information and assuming reasonable condition.
Lower Elmstone Drive, Tilehurst, Reading, RG31 falls within the RG31 postal district.
Our Data Sources
81, Lower Elmstone Drive, Reading has 31 entries in the Land Registry , most recently in October 2010 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 81, Lower Elmstone Drive, Reading, we estimate a market value of £225,980 and a rental value of £1,165 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £200,153 and £1,032 per month respectively.
Recent Market Change
Over the last year, 81, Lower Elmstone Drive, Reading has seen its estimated sale value drop by £4,888 (2.3%) and its estimated rental value rise by £29 per month (2.6%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
81, Lower Elmstone Drive, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 81, Lower Elmstone Drive, Reading completed on 22nd October 2010 at £139,450 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 52.6% over the period since October 2010.
- Sold Oct 2010£139,450
- Sold Jul 2004£132,000
- Sold Apr 2000£88,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 81, Lower Elmstone Drive, Reading have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th January 2025, was 4, Hambleberry Court, Reading, RG31 5HD, a leasehold flat which sold for £218,000.
Read more about house prices in RG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 81 addresses on Lower Elmstone Drive, Tilehurst, Reading, RG31, 81, Lower Elmstone Drive, Reading comes out as the 76th largest and the 68th most expensive in our analysis of the public data.
It is also £215k less expensive than the average property across the RG31 district.
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Schools Nearby
- 300mPark Lane Primary School
- 400mBirch Copse Primary School
- 800mSt Paul's Catholic Primary School
- 900mLittle Heath School
- 1.5kmDenefield School
- 2.4kmKing's Academy Prospect
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Public Transport Nearby
From 81, Lower Elmstone Drive, Reading, the nearest station is Tilehurst, 1.8 kilometres away.
- 1.8kmTilehurst
- 3.5kmTheale
- 3.9kmReading West
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.
