Flat 15, 118
Flat 15, 118
Description & Estimates
According to the public record, Flat 15, 118, Chatham Street, Reading is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 15, 118, Chatham Street, Reading is £276,029 and the estimated rental value is £1,362 per month.
The apartment is within 118, Chatham Street, Reading, RG1.
Chatham Street, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 15, 118, Chatham Street, Reading has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated June 2016.
We combine this information with that 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 15, 118, Chatham Street, Reading is in very good condition we estimate a sale value of £289,831 and a rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,707 and a rental value of £1,267 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 15, 118, Chatham Street, Reading has declined by £7,044 (2.6%), while its estimated rental value has climbed by £30 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
Flat 15, 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.
Sold Prices
According to HM Land Registry, Flat 15, 118, Chatham Street, Reading was last sold on 29th October 2024 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped by 5.3%.
- Sold Oct 2024£230,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, 118, Chatham Street, Reading within a radius of 280 metres over the last 2 years.
The most recent example is Flat 51, Hermitage, Chatham Street, Reading, RG1 7LF, a leasehold flat which sold for £245,000 on the 11th October 2024.
Read more about house prices in RG1.
- Sold Oct 2024£245,000 | 2 Bed FlatHermitage, Chatham StreetFlat 51, Hermitage, Chatham Street, Reading, RG1 7LF
- Sold Aug 2024£270,000 | 2 Bed Flat118, Chatham StreetFlat 4, 118, Chatham Street, Reading, RG1 7HT
- Sold Apr 2024£220,000 | 2 Bed FlatHermitage, Chatham StreetFlat 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
Chatham Street, Reading, RG1 has a total of 117 addresses. According to our analysis of all the public data, Flat 15, 118, Chatham Street, Reading is the 67th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in RG1.
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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
More reading links
Public Transport Nearby
The closest station to Flat 15, 118, Chatham Street, Reading is Reading West station, which is 500 metres away.
- 500mReading West
- 800mReading
- 3.5kmReading Green Park
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
