Flat 12, 37
Flat 12, 37
Description & Estimates
Public records show Flat 12, 37, Market Place, Reading to be a modern leasehold apartment with 301 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 12, 37, Market Place, Reading has an estimated sale value of £155,215 and an estimated rental value of £943 per month, assuming reasonable condition and based on the information available.
The apartment sits within 37, Market Place, Reading, RG1.
Market Place, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 12, 37, Market Place, Reading has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated January 2016.
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.
Price Range & Condition
In very good condition, we estimate Flat 12, 37, Market Place, Reading would be worth £162,976, with a potential rental value of £990 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £144,350, with a rental value of £877 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 12, 37, Market Place, Reading has fallen by £1,883 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £30 (3.2%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 12, 37, Market Place, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
Sold Prices
Flat 12, 37, Market Place, Reading last changed hands on 31st March 2016, selling for £148,000. 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 18.2% since March 2016.
- Sold Mar 2016£148,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of Flat 12, 37, Market Place, Reading across the last 2 years.
Most recently, Flat 16, Il-Libro Court, Kings Road, Reading, RG1 3AF, a leasehold flat, sold at £160,000 on the 2nd December 2024.
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
Our analysis of the public data ranks Flat 12, 37, Market Place, Reading as the 60th largest and the 58th most expensive of the 66 addresses on Market Place, Reading, RG1.
Against the RG1 postcode district average, it is £141k less expensive than the typical property.
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Schools Nearby
- 700mKatesgrove Primary School
- 800mCivitas Academy
- 800mColey Primary School
- 600mKendrick School
- 1.3kmReading School
- 1.6kmRiver Academy
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 12, 37, Market Place, Reading at 300 metres away.
- 300mReading
- 1.4kmReading West
- 3.8kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
