40D, Prospect Street
40D, Prospect Street
Description & Estimates
Public records show 40D, Prospect Street, Reading to be a period leasehold apartment with 475 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
40D, Prospect Street, Reading has an estimated sale value of £169,154 and an estimated rental value of £1,113 per month, assuming reasonable condition and based on the information available.
The apartment sits within 40, Prospect Street, Reading, RG1.
Prospect Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
40D, Prospect Street, Reading has 21 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated August 2025.
We combine this information with that 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
In very good condition, we estimate 40D, Prospect Street, Reading would be worth £177,612, with a potential rental value of £1,168 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £157,313, with a rental value of £1,035 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40D, Prospect Street, Reading has moved down by £3,341 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £30 (2.7%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
40D, Prospect Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Aug 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40D, Prospect Street, Reading last changed hands on 13th May 2007, selling for £140,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 41.1% since May 2007.
- Sold May 2007£140,000
- Sold Nov 1997£55,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 40D, Prospect Street, Reading across the last 2 years.
Most recently, Flat 2, Waterford Court 26, Russell Street, Reading, RG1 7XF, a leasehold flat, sold at £172,000 on the 29th May 2025.
Read more about house prices in RG1.
- Sold May 2025£172,000 | 1 Bed FlatWaterford Court 26, Russell StreetFlat 2, Waterford Court 26, Russell Street, Reading, RG1 7XF
- Sold Nov 2024£175,000 | 2 Bed Flat24, Russell StreetFlat C, 24, Russell Street, Reading, RG1 7XF
- Sold Mar 2024£159,000 | 2 Bed Flat10, Russell StreetFlat 2, 10, Russell Street, Reading, RG1 7XF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40D, Prospect Street, Reading as the 134th largest and the 124th most expensive of the 166 addresses on Prospect Street, Reading, RG1.
Against the RG1 postcode district average, it is £127k less expensive than the typical property.
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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
Reading West station is the nearest stop to 40D, Prospect Street, Reading at 300 metres away.
- 300mReading West
- 1.1kmReading
- 3.2kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
