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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 12, 1, Station Road, 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 12, 1, Station Road, Reading has an estimated sale value of £230,345 and an estimated rental value of £1,154 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Station Road, Reading, RG1.
Station Road, Reading, RG1 lies within the RG1 postal district.
Flat 12, 1, Station Road, Reading has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 12, 1, Station Road, Reading would be worth £241,862, with a potential rental value of £1,212 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £214,220, with a rental value of £1,073 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 12, 1, Station Road, Reading has decreased by £2,794 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (3.2%). The property's estimated gross yield is currently 6.0%.
Flat 12, 1, Station Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Flat 12, 1, Station Road, Reading last changed hands on 9th November 2022, selling for £244,000. 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 9.7% since November 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 12, 1, Station Road, Reading across the last 2 years.
Most recently, Flat 5, 1, Station Road, Reading, RG1 1LH, a leasehold flat, sold at £252,500 on the 11th May 2023.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 12, 1, Station Road, Reading as the 32nd largest and the 23rd most expensive of the 47 addresses on Station Road, Reading, RG1.
Against the RG1 postcode district average, it is £66k less expensive than the typical property.
Reading station is the nearest stop to Flat 12, 1, Station Road, Reading at 100 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 12, 1, Station Road, Reading, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 12, 1, Station Road, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 12, 1, Station Road, Reading, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 12, 1, Station Road, Reading, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
