Flat 1, Greengates
Flat 1, Greengates
Description & Estimates
The public record describes Flat 1, Greengates, Reading as a modern apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, Greengates, Reading has an estimated sale value of £221,862 and an estimated rental value of £1,113 per month, assuming reasonable condition and based on the information available.
The apartment sits within Greengates, Lundy Lane, Reading, RG30.
Lundy Lane, Reading, RG30 lies within the RG30 postal district.
Our Data Sources
Flat 1, Greengates, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, Greengates, Reading would be worth £232,955, with a potential rental value of £1,169 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £206,331, with a rental value of £1,035 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, Greengates, Reading has dropped by £4,621 (2.1%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (1.9%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 1, Greengates, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, Greengates, Reading last changed hands on 11th July 2003, selling for £152,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jul 2003£152,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 450 metres of Flat 1, Greengates, Reading across the last 2 years.
Most recently, Flat 8, Greengates, Lundy Lane, Reading, RG30 2RX, a leasehold flat, sold at £230,000 on the 27th September 2024.
Read more about house prices in RG30.
- Sold Sep 2024£230,000 | 2 Bed FlatGreengates, Lundy LaneFlat 8, Greengates, Lundy Lane, Reading, RG30 2RX
- Sold Aug 2023£230,000 | 2 Bed FlatGreengates, Lundy LaneFlat 4, Greengates, Lundy Lane, Reading, RG30 2RX
- Sold Nov 2021£220,000 | 2 Bed FlatGreengates, Lundy LaneFlat 9, Greengates, Lundy Lane, Reading, RG30 2RX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, Greengates, Reading as the 10th largest and the 19th most expensive of the 34 addresses on Lundy Lane, Reading, RG30.
Against the RG30 postcode district average, it is £109k less expensive than the typical property.
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Schools Nearby
- 300mWilson Primary School
- 500mBattle Primary Academy
- 900mRanikhet Academy
- 900mThe WREN School
- 1.1kmBlessed Hugh Faringdon Catholic School
- 1.2kmKing's Academy Prospect
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Public Transport Nearby
Reading West station is the nearest stop to Flat 1, Greengates, Reading at 1.0 kilometres away.
- 1.0kmReading West
- 2.4kmReading
- 2.6kmTilehurst
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
