Flat 12, Summit House 49-51
Flat 12, Summit House 49-51
Description & Estimates
Flat 12, Summit House 49-51, Reading is recorded publicly as a modern leasehold apartment across 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 12, Summit House 49-51, Reading is £190,981 and its rental estimate is £1,104 per month, given the available information and assuming reasonable condition.
Summit House, Greyfriars Road is a residential building on Greyfriars Road, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 12, Summit House 49-51, Reading has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated April 2016.
We combine this information with that 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 12, Summit House 49-51, Reading, we estimate a market value of £200,530 and a rental value of £1,160 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £177,612 and £1,027 per month respectively.
Recent Market Change
Over the last year, Flat 12, Summit House 49-51, Reading has seen its estimated sale value drop by £2,317 (1.2%) and its estimated rental value rise by £35 per month (3.2%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 12, Summit House 49-51, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 12, Summit House 49-51, Reading completed on 21st November 2016 at £245,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 19.9% over the period since November 2016.
- Sold Nov 2016£245,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 12, Summit House 49-51, Reading have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th November 2025, was Flat 18, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA, a leasehold flat which sold for £162,000.
Read more about house prices in RG1.
- Sold Nov 2025£162,000 | 1 Bed FlatSummit House 49-51, Greyfriars RoadFlat 18, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA
- Sold Oct 2024£175,000 | 1 Bed FlatSummit House 49-51, Greyfriars RoadFlat 20, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA
- Sold Dec 2020£200,000 | 1 Bed FlatSummit House 49-51, Greyfriars RoadFlat 6, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 166 addresses on Greyfriars Road, Reading, RG1, Flat 12, Summit House 49-51, Reading comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £105k less expensive than the average property across the RG1 district.
More reading links
Schools Nearby
- 400mCivitas Academy
- 400mE P Collier Primary School
- 800mOxford Road Community School
- 1.1kmRiver Academy
- 1.1kmKendrick School
- 1.9kmReading School
More reading links
Public Transport Nearby
From Flat 12, Summit House 49-51, Reading, the nearest station is Reading, 300 metres away.
- 300mReading
- 1.1kmReading West
- 3.9kmReading Green Park
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
