1A, Prospect Street
1A, Prospect Street
Description & Estimates
1A, Prospect Street, Reading is described in the public record as a period apartment with 839 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1A, Prospect Street, Reading is £129,091 and its rental estimate is £774 per month, given the available information and assuming reasonable condition.
1, Prospect Street is a residential building on Prospect Street, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
1A, Prospect Street, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 1A, Prospect Street, Reading, we estimate a market value of £135,545 and a rental value of £813 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £120,054 and £720 per month respectively.
Recent Market Change
Over the last year, 1A, Prospect Street, Reading has seen its estimated sale value decline by £3,445 (2.7%) and its estimated rental value climb by £14 per month (1.8%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
1A, Prospect Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 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 1A, Prospect Street, Reading completed on 6th October 2000 at £70,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Oct 2000£70,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 1A, Prospect Street, Reading have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2023, was Flat 32, Windsor Court 11, Tilehurst Road, Reading, RG1 7RA, a leasehold flat which sold for £162,000.
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, 1A, Prospect Street, Reading comes out as the 37th largest and the 150th most expensive in our analysis of the public data.
It is also £167k 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
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Public Transport Nearby
From 1A, 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.
