Flat 1, 55-57
Flat 1, 55-57
Description & Estimates
According to the public record, Flat 1, 55-57, Erleigh Road, Reading is a period apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 55-57, Erleigh Road, Reading is £361,586 and the estimated rental value is £1,801 per month.
The apartment is within 55-57, Erleigh Road, Reading, RG1.
Erleigh Road, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 1, 55-57, Erleigh Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated September 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
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, 55-57, Erleigh Road, Reading is in very good condition we estimate a sale value of £379,665 and a rental value of £1,891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,275 and a rental value of £1,675 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 55-57, Erleigh Road, Reading has moved down by £11,126 (3.1%), while its estimated rental value has increased by £30 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 1, 55-57, Erleigh Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2017.
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 2 sales of properties similar to Flat 1, 55-57, Erleigh Road, Reading within a radius of 380 metres over the last 2 years.
The most recent example is Maisonette, 28, Erleigh Road, Reading, RG1 5NA, a leasehold flat which sold for £485,000 on the 6th July 2022.
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
Erleigh Road, Reading, RG1 has a total of 204 addresses. According to our analysis of all the public data, Flat 1, 55-57, Erleigh Road, Reading is the 55th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in RG1.
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Schools Nearby
- 300mRedlands Primary School
- 600mSt John's Church of England Primary School
- 800mNew Town Primary School
- 400mReading School
- 600mMaiden Erlegh School in Reading
- 700mUTC Reading
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Public Transport Nearby
The closest station to Flat 1, 55-57, Erleigh Road, Reading is Reading station, which is 1.8 kilometres away.
- 1.8kmReading
- 2.4kmEarley
- 2.9kmReading West
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.
