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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 2, 11, Prospect Street, Reading is described in the public record as a period apartment with 387 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 11, Prospect Street, Reading is £90,472 and its rental estimate is £591 per month, given the available information and assuming reasonable condition.
11, Prospect Street is a residential building on Prospect Street, Reading, RG1 and falls within the RG1 postal district.
Flat 2, 11, Prospect Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated January 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, 11, Prospect Street, Reading, we estimate a market value of £94,996 and a rental value of £620 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £84,139 and £549 per month respectively.
Over the last year, Flat 2, 11, Prospect Street, Reading has seen its estimated sale value decline by £1,098 (1.2%) and its estimated rental value climb by £19 per month (3.2%). This results in an estimated gross rental yield of 7.8%.
Flat 2, 11, Prospect Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jan 2018.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to Flat 2, 11, Prospect Street, Reading have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st April 2022, was 19, Windsor Court 11, Tilehurst Road, Reading, RG1 7RA, a leasehold flat which sold for £113,000.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 166 addresses on Prospect Street, Reading, RG1, Flat 2, 11, Prospect Street, Reading comes out as the 141st largest and the 157th most expensive in our analysis of the public data.
It is also £206k less expensive than the average property across the RG1 district.
From Flat 2, 11, Prospect Street, Reading, the nearest station is Reading West, 300 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 2, 11, Prospect Street, 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 2, 11, Prospect Street, 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 2, 11, Prospect Street, 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 2, 11, Prospect Street, 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.
