40C, Prospect Street
40C, Prospect Street
Description & Estimates
According to the public record, 40C, Prospect Street, Reading is a period apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40C, Prospect Street, Reading is £148,045 and the estimated rental value is £969 per month.
The apartment is within 40, Prospect Street, Reading, RG1.
Prospect Street, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
40C, Prospect Street, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 40C, Prospect Street, Reading is in very good condition we estimate a sale value of £155,448 and a rental value of £1,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,682 and a rental value of £901 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40C, Prospect Street, Reading has fallen by £610 (0.4%), while its estimated rental value has moved up by £44 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Energy Efficiency
40C, Prospect Street, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 40C, Prospect Street, Reading was last sold on 18th January 2002 for £80,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
- Sold Jan 2002£80,000
- Sold Feb 2001£65,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40C, Prospect Street, Reading within a radius of 350 metres over the last 2 years.
The most recent example is 23 Tetbury Court, Prospect Street, Reading, RG1 7TR, a leasehold flat which sold for £130,000 on the 16th September 2024.
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
Prospect Street, Reading, RG1 has a total of 166 addresses. According to our analysis of all the public data, 40C, Prospect Street, Reading is the 145th largest and the 131st most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in RG1.
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Schools Nearby
- 100mOxford Road Community School
- 300mAll Saints Church of England Aided Infant School
- 300mAll Saints Junior School
- 1.2kmRiver Academy
- 1.3kmThe WREN School
- 1.6kmKendrick School
More reading links
Public Transport Nearby
The closest station to 40C, Prospect Street, Reading is Reading West station, which is 300 metres away.
- 300mReading West
- 1.1kmReading
- 3.2kmReading Green Park
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
