Flat 1, 4
Flat 1, 4
Description & Estimates
Flat 1, 4, Prospect Street, Reading is described in the public record as a period apartment with 517 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 4, Prospect Street, Reading is £177,193 and its rental estimate is £1,154 per month, given the available information and assuming reasonable condition.
4, Prospect Street is a residential building on Prospect Street, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 1, 4, Prospect Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated September 2009.
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
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, 4, Prospect Street, Reading, we estimate a market value of £186,052 and a rental value of £1,212 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £164,789 and £1,073 per month respectively.
Recent Market Change
Over the last year, Flat 1, 4, Prospect Street, Reading has seen its estimated sale value drop by £3,500 (2.0%) and its estimated rental value rise by £31 per month (2.7%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
Flat 1, 4, Prospect Street, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Sep 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 4, Prospect Street, Reading have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was Flat C, 24, Russell Street, Reading, RG1 7XF, a leasehold flat which sold for £175,000.
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 166 addresses on Prospect Street, Reading, RG1, Flat 1, 4, Prospect Street, Reading comes out as the 128th largest and the 109th most expensive in our analysis of the public data.
It is also £119k less expensive than the average property across the RG1 district.
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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
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Public Transport Nearby
From Flat 1, 4, Prospect Street, Reading, the nearest station is Reading West, 300 metres away.
- 300mReading West
- 1.1kmReading
- 3.2kmReading Green Park
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.
