Flat 1, 377 Road
Flat 1, 377 Road
Description & Estimates
Flat 1, 377 Road, Reading is described in the public record as a modern apartment with 581 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 377 Road, Reading is £276,530 and its rental estimate is £1,368 per month, given the available information and assuming reasonable condition.
377, London Road is a residential building on London Road, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 1, 377 Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated June 2017.
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.
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 Flat 1, 377 Road, Reading, we estimate a market value of £290,357 and a rental value of £1,436 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £257,173 and £1,272 per month respectively.
Recent Market Change
Over the last year, Flat 1, 377 Road, Reading has seen its estimated sale value decline by £7,380 (2.7%) and its estimated rental value climb by £25 per month (1.8%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Flat 1, 377 Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 1, 377 Road, Reading has sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th May 2022, was Flat 1, 345, London Road, Reading, RG1 3PB, a leasehold flat which sold for £572,500.
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
Of the 508 addresses on London Road, Reading, RG1, Flat 1, 377 Road, Reading comes out as the 289th largest and the 168th most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the RG1 district.
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Schools Nearby
- 600mNew Town Primary School
- 700mSt John's Church of England Primary School
- 800mAlfred Sutton Primary School
- 800mMaiden Erlegh School in Reading
- 800mUTC Reading
- 1.1kmReading School
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Public Transport Nearby
From Flat 1, 377 Road, Reading, the nearest station is Reading, 2.1 kilometres away.
- 2.1kmReading
- 2.3kmEarley
- 3.3kmReading West
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
