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Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 14, 1, Station Road, Reading is £217,495 and its rental estimate is £1,101 per month, given the available information and assuming reasonable condition.
1, Station Road is a residential building on Station Road, Reading, RG1 and falls within the RG1 postal district.
Flat 14, 1, Station Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data 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.
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 14, 1, Station Road, Reading, we estimate a market value of £228,370 and a rental value of £1,156 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £202,270 and £1,024 per month respectively.
Over the last year, Flat 14, 1, Station Road, Reading has seen its estimated sale value move down by £2,639 (1.2%) and its estimated rental value increase by £35 per month (3.2%). This results in an estimated gross rental yield of 6.1%.
Flat 14, 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.
Over the past 2 years 3 properties similar to Flat 14, 1, Station Road, Reading have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2023, was Flat 10, 1, Station Road, Reading, RG1 1LH, a leasehold flat which sold for £220,000.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 47 addresses on Station Road, Reading, RG1, Flat 14, 1, Station Road, Reading comes out as the 44th largest and the 31st most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the RG1 district.
From Flat 14, 1, Station Road, Reading, the nearest station is Reading, 100 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 14, 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 14, 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 14, 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 14, 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.