Flat 11, 118
Flat 11, 118
Description & Estimates
The public record describes Flat 11, 118, Chatham Street, Reading as a modern apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 11, 118, Chatham Street, Reading has an estimated sale value of £276,029 and an estimated rental value of £1,362 per month, assuming reasonable condition and based on the information available.
The apartment sits within 118, Chatham Street, Reading, RG1.
Chatham Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 11, 118, Chatham Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
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
In very good condition, we estimate Flat 11, 118, Chatham Street, Reading would be worth £289,831, with a potential rental value of £1,430 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £256,707, with a rental value of £1,267 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, 118, Chatham Street, Reading has dropped by £7,044 (2.6%) over the last year. During the same period, its estimated monthly rental value has risen by £30 (2.2%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
Flat 11, 118, Chatham Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jun 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Flat 11, 118, Chatham Street, Reading across the last 2 years.
Most recently, Flat 15, 118, Chatham Street, Reading, RG1 7HT, a leasehold flat, sold at £230,000 on the 29th October 2024.
Read more about house prices in RG1.
- Sold Oct 2024£230,000 | 2 Bed FlatFlat 15, 118, Chatham Street, Reading, RG1 7HTFlat 15, 118, Chatham Street, Reading, RG1 7HT
- Sold Aug 2024£270,000 | 2 Bed FlatFlat 4, 118, Chatham Street, Reading, RG1 7HTFlat 4, 118, Chatham Street, Reading, RG1 7HT
- Sold Apr 2024£220,000 | 2 Bed FlatFlat 39, Hermitage, Chatham Street, Reading, RG1 7LFFlat 39, Hermitage, Chatham Street, Reading, RG1 7LF
•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 11, 118, Chatham Street, Reading as the 68th largest and the 53rd most expensive of the 117 addresses on Chatham Street, Reading, RG1.
Against the RG1 postcode district average, it is £20k less expensive than the typical property.
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Schools Nearby
- 200mCivitas Academy
- 300mOxford Road Community School
- 700mAll Saints Church of England Aided Infant School
- 1.0kmRiver Academy
- 1.4kmKendrick School
- 1.6kmThe WREN School
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Public Transport Nearby
Reading West station is the nearest stop to Flat 11, 118, Chatham Street, Reading at 500 metres away.
- 500mReading West
- 800mReading
- 3.5kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
