40B Road, Reading
40B Road, Reading
Description & Estimates
40B Road, Reading is recorded publicly as a period leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40B Road, Reading is £269,176 and its rental estimate is £1,349 per month, given the available information and assuming reasonable condition.
40, London Road is a residential building on London Road, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
40B Road, Reading has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 40B Road, Reading, we estimate a market value of £282,634 and a rental value of £1,416 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,333 and £1,254 per month respectively.
Recent Market Change
Over the last year, 40B Road, Reading has seen its estimated sale value fall by £7,184 (2.7%) and its estimated rental value move up by £24 per month (1.8%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
40B Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jun 2017.
The property is not connected to mains gas and has multiple glazing throughout. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 40B Road, Reading completed on 6th March 2018 at £315,000 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 15.1% over the period since March 2018.
- Sold Mar 2018£315,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40B Road, Reading have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2025, was 31, Albion Terrace, Reading, RG1 5BG, a leasehold flat which sold for £260,000.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 508 addresses on London Road, Reading, RG1, 40B Road, Reading comes out as the 227th largest and the 176th most expensive in our analysis of the public data.
It is also £27k less expensive than the average property across the RG1 district.
More reading links
Schools Nearby
- 700mKatesgrove Primary School
- 800mSt John's Church of England Primary School
- 900mNew Christ Church Church of England Primary School
- 100mKendrick School
- 600mReading School
- 1.6kmMaiden Erlegh School in Reading
More reading links
Public Transport Nearby
From 40B Road, Reading, the nearest station is Reading, 1.0 kilometres away.
- 1.0kmReading
- 2.0kmReading West
- 3.3kmEarley
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.
