Flat 15, Summit House 49-51
Flat 15, Summit House 49-51
Description & Estimates
According to the public record, Flat 15, Summit House 49-51, Reading is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 15, Summit House 49-51, Reading is £181,329 and the estimated rental value is £1,059 per month.
The apartment is within Summit House, Greyfriars Road, Reading, RG1.
Greyfriars Road, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 15, Summit House 49-51, Reading has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated April 2026.
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
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, Summit House 49-51, Reading is in very good condition we estimate a sale value of £190,396 and a rental value of £1,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,636 and a rental value of £985 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 15, Summit House 49-51, Reading has decreased by £2,200 (1.2%), while its estimated rental value has grown by £34 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
Flat 15, Summit House 49-51, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2026.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 15, Summit House 49-51, Reading was last sold on 26th August 2016 for £245,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2016, the market for similar properties has dropped by 19.9%.
- Sold Aug 2016£245,000
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, Summit House 49-51, Reading within a radius of 330 metres over the last 2 years.
The most recent example is Flat 18, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA, a leasehold flat which sold for £162,000 on the 14th November 2025.
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 2016£220,000 | 1 Bed FlatSummit House 49-51, Greyfriars RoadFlat 17, 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
Greyfriars Road, Reading, RG1 has a total of 166 addresses. According to our analysis of all the public data, Flat 15, Summit House 49-51, Reading is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in RG1.
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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
The closest station to Flat 15, Summit House 49-51, Reading is Reading station, which is 300 metres away.
- 300mReading
- 1.1kmReading West
- 3.9kmReading Green Park
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
