Flat 16, Hermitage
Flat 16, Hermitage
Description & Estimates
Public records show Flat 16, Hermitage, Reading to be a modern leasehold apartment with 764 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 16, Hermitage, Reading has an estimated sale value of £273,537 and an estimated rental value of £1,434 per month, assuming reasonable condition and based on the information available.
The apartment sits within Hermitage, Chatham Street, Reading, RG1.
Chatham Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 16, Hermitage, Reading has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated December 2008.
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
In very good condition, we estimate Flat 16, Hermitage, Reading would be worth £287,214, with a potential rental value of £1,506 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £254,389, with a rental value of £1,334 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 16, Hermitage, Reading has decreased by £6,980 (2.6%) over the last year. During the same period, its estimated monthly rental value has grown by £31 (2.2%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 16, Hermitage, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Dec 2008.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 16, Hermitage, Reading last changed hands on 19th March 2010, selling for £195,000. 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 risen by 27.5% since March 2010.
- Sold Mar 2010£195,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of Flat 16, Hermitage, Reading across the last 2 years.
Most recently, Flat 22, Hermitage, Chatham Street, Reading, RG1 7LF, a leasehold flat, sold at £290,000 on the 1st September 2025.
Read more about house prices in RG1.
- Sold Sep 2025£290,000 | 2 Bed FlatHermitage, Chatham StreetFlat 22, Hermitage, Chatham Street, Reading, RG1 7LF
- Sold Mar 2025£315,000 | 2 Bed FlatHalcyon, Chatham PlaceFlat 29, Halcyon, Chatham Place, Reading, RG1 7JW
- Sold Jul 2024£325,000 | 2 Bed FlatHermitage, Chatham StreetFlat 52, Hermitage, Chatham Street, Reading, RG1 7LF
•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 16, Hermitage, Reading as the 17th largest and the 54th most expensive of the 117 addresses on Chatham Street, Reading, RG1.
Against the RG1 postcode district average, it is £23k less expensive than the typical property.
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Schools Nearby
- 200mCivitas Academy
- 500mOxford Road Community School
- 700mE P Collier Primary School
- 1.1kmRiver Academy
- 1.2kmKendrick School
- 1.7kmThe WREN School
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 16, Hermitage, Reading at 600 metres away.
- 600mReading
- 700mReading West
- 3.6kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
