Flat 11, 1
Flat 11, 1
Description & Estimates
Public records show Flat 11, 1, Duke Street, Reading to be a modern leasehold apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 11, 1, Duke Street, Reading has an estimated sale value of £238,032 and an estimated rental value of £1,193 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Duke Street, Reading, RG1.
Duke Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 11, 1, Duke Street, Reading has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 11, 1, Duke Street, Reading would be worth £249,934, with a potential rental value of £1,252 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £221,370, with a rental value of £1,109 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 11, 1, Duke Street, Reading has moved down by £2,888 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £38 (3.2%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 11, 1, Duke Street, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, electric.
Sold Prices
Flat 11, 1, Duke Street, Reading last changed hands on 17th June 2022, selling for £272,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.0% since June 2022.
- Sold Jun 2022£272,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat 11, 1, Duke Street, Reading across the last 2 years.
Most recently, Flat 12, 1, Duke Street, Reading, RG1 4FU, a leasehold flat, sold at £220,000 on the 3rd February 2023.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 11, 1, Duke Street, Reading as the 29th largest and the 25th most expensive of the 117 addresses on Duke Street, Reading, RG1.
Against the RG1 postcode district average, it is £58k less expensive than the typical property.
More reading links
Schools Nearby
- 600mKatesgrove Primary School
- 800mColey Primary School
- 900mCivitas Academy
- 500mKendrick School
- 1.2kmReading School
- 1.8kmRiver Academy
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 11, 1, Duke Street, Reading at 400 metres away.
- 400mReading
- 1.5kmReading West
- 3.8kmReading Green Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
