Flat 19, 42
Flat 19, 42
Description & Estimates
Flat 19, 42, Market Place, Reading is recorded publicly as a modern leasehold apartment across 322 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 19, 42, Market Place, Reading is £159,608 and its rental estimate is £970 per month, given the available information and assuming reasonable condition.
42, Market Place is a residential building on Market Place, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 19, 42, Market Place, Reading has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated January 2016.
We combine this information with that 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.
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 19, 42, Market Place, Reading, we estimate a market value of £167,588 and a rental value of £1,018 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £148,435 and £902 per month respectively.
Recent Market Change
Over the last year, Flat 19, 42, Market Place, Reading has seen its estimated sale value drop by £1,936 (1.2%) and its estimated rental value rise by £31 per month (3.2%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
Flat 19, 42, Market Place, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
Sold Prices
The most recent sale of Flat 19, 42, Market Place, Reading completed on 21st June 2016 at £205,000 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 19.8% over the period since June 2016.
- Sold Jun 2016£205,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 19, 42, Market Place, Reading have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2024, was Flat 16, Il-Libro Court, Kings Road, Reading, RG1 3AF, a leasehold flat which sold for £160,000.
Read more about house prices in RG1.
- Sold Dec 2024£160,000 | 1 Bed FlatIl-Libro Court, Kings RoadFlat 16, Il-Libro Court, Kings Road, Reading, RG1 3AF
- Sold Dec 2023£155,000 | 1 Bed Flat42, Market PlaceFlat 9, 42, Market Place, Reading, RG1 2DE
- Sold Nov 2018£179,000 | 1 Bed Flat42, Market PlaceFlat 3, 42, Market Place, Reading, RG1 2DE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 66 addresses on Market Place, Reading, RG1, Flat 19, 42, Market Place, Reading comes out as the 57th largest and the 57th most expensive in our analysis of the public data.
It is also £137k less expensive than the average property across the RG1 district.
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Schools Nearby
- 700mKatesgrove Primary School
- 800mCivitas Academy
- 800mColey Primary School
- 600mKendrick School
- 1.3kmReading School
- 1.6kmRiver Academy
More reading links
Public Transport Nearby
From Flat 19, 42, Market Place, Reading, the nearest station is Reading, 300 metres away.
- 300mReading
- 1.4kmReading West
- 3.8kmReading 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.
