Flat 1, 1
Flat 1, 1
Description & Estimates
According to the public record, Flat 1, 1, Derby Street, Reading is a modern apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 1, Derby Street, Reading is £117,828 and the estimated rental value is £771 per month.
The apartment is within 1, Derby Street, Reading, RG1.
Derby Street, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 1, 1, Derby Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
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 Flat 1, 1, Derby Street, Reading is in very good condition we estimate a sale value of £123,720 and a rental value of £810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,580 and a rental value of £717 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 1, Derby Street, Reading has declined by £1,429 (1.2%), while its estimated rental value has climbed by £25 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Energy Efficiency
Flat 1, 1, Derby Street, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 1, Derby Street, Reading within a radius of 370 metres over the last 2 years.
The most recent example is Flat 5, 129, Oxford Road, Reading, RG1 7UU, a leasehold flat which sold for £127,500 on the 19th December 2025.
Read more about house prices in RG1.
- Sold Dec 2025£127,500 | 1 Bed FlatFlat 5, 129, Oxford Road, Reading, RG1 7UUFlat 5, 129, Oxford Road, Reading, RG1 7UU
- Sold Sep 2025£102,000 | 1 Bed FlatFlat 1, 25, Lorne Street, Reading, RG1 7YWFlat 1, 25, Lorne Street, Reading, RG1 7YW
- Sold Jun 2024£100,000 | 1 Bed FlatFlat 4, 25, Lorne Street, Reading, RG1 7YWFlat 4, 25, Lorne Street, Reading, RG1 7YW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Derby Street, Reading, RG1 has a total of 38 addresses. According to our analysis of all the public data, Flat 1, 1, Derby Street, Reading is the 33rd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in RG1.
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Schools Nearby
- 200mOxford Road Community School
- 300mCivitas Academy
- 600mAll Saints Church of England Aided Infant School
- 900mRiver Academy
- 1.5kmThe WREN School
- 1.6kmKendrick School
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Public Transport Nearby
The closest station to Flat 1, 1, Derby Street, Reading is Reading West station, which is 400 metres away.
- 400mReading West
- 900mReading
- 3.5kmTilehurst
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.
