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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for First Floor Flat, 62, Prospect Street, Reading is £166,784 and the estimated rental value is £813 per month.
The apartment is within 62, Prospect Street, Caversham, Reading, RG4.
Prospect Street, Caversham, Reading, RG4 is located within the RG4 postal district.
First Floor Flat, 62, Prospect Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated October 2018.
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.
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 First Floor Flat, 62, Prospect Street, Reading is in very good condition we estimate a sale value of £175,124 and a rental value of £854 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,109 and a rental value of £756 per month.
Over the past 12 months, the estimated sale value of First Floor Flat, 62, Prospect Street, Reading has dropped by £1,314 (0.8%), while its estimated rental value has risen by £31 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.8%.
First Floor Flat, 62, Prospect Street, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 62, Prospect Street, Reading within a radius of 480 metres over the last 2 years.
The most recent example is Flat 1, 66, Prospect Street, Reading, RG4 8JN, a leasehold flat which sold for £169,000 on the 5th June 2024.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Street, Caversham, Reading, RG4 has a total of 84 addresses. According to our analysis of all the public data, First Floor Flat, 62, Prospect Street, Reading is the 72nd largest and the 70th most expensive property on the street.
When compared to the postcode district it is £394k less expensive than the average property in RG4.
The closest station to First Floor Flat, 62, Prospect Street, Reading is Reading station, which is 1.1 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around First Floor Flat, 62, Prospect Street, Reading, 64.5% of property is privately rented and 25.4% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around First Floor Flat, 62, Prospect Street, Reading, 11.6% of residents are recorded as possessing school level qualifications and 60.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around First Floor Flat, 62, Prospect Street, Reading, the average age was 36.8 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around First Floor Flat, 62, Prospect Street, Reading, 0.9% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around First Floor Flat, 62, Prospect Street, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.