Flat 2, 12
Flat 2, 12
Description & Estimates
Public records show Flat 2, 12, Gweal Avenue, Reading to be a modern leasehold apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 12, Gweal Avenue, Reading has an estimated sale value of £257,858 and an estimated rental value of £1,562 per month, assuming reasonable condition and based on the information available.
The apartment sits within 12, Gweal Avenue, Reading, RG2.
Gweal Avenue, Reading, RG2 lies within the RG2 postal district.
Our Data Sources
Flat 2, 12, Gweal Avenue, Reading has a single entry in the Land Registry from December 2008 and a single entry in the EPC database dated September 2023.
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
In very good condition, we estimate Flat 2, 12, Gweal Avenue, Reading would be worth £270,751, with a potential rental value of £1,640 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £239,808, with a rental value of £1,453 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 2, 12, Gweal Avenue, Reading has fallen by £6,962 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £29 (1.9%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 2, 12, Gweal Avenue, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 12, Gweal Avenue, Reading last changed hands on 19th December 2008, selling for £170,000. 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 38.7% since December 2008.
- Sold Dec 2008£170,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of Flat 2, 12, Gweal Avenue, Reading across the last 2 years.
Most recently, Flat 101, Heron House, Rushley Way, Reading, RG2 0GJ, a leasehold flat, sold at £260,000 on the 14th June 2024.
Read more about house prices in RG2.
- Sold Jun 2024£260,000 | 2 Bed FlatHeron House, Rushley WayFlat 101, Heron House, Rushley Way, Reading, RG2 0GJ
- Sold May 2024£265,000 | 2 Bed Flat2, Gweal AvenueFlat 6, 2, Gweal Avenue, Reading, RG2 0FW
- Sold Jan 2024£186,000 | 2 Bed FlatHeron House, Rushley WayFlat 305, Heron House, Rushley Way, Reading, RG2 0GN
•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 2, 12, Gweal Avenue, Reading as the 34th largest and the 29th most expensive of the 64 addresses on Gweal Avenue, Reading, RG2.
Against the RG2 postcode district average, it is £116k less expensive than the typical property.
More reading links
Schools Nearby
- 500mWhitley Park Primary and Nursery School
- 1.2kmThe Palmer Primary Academy
- 1.2kmChrist The King Catholic Primary School
- 1.0kmHartland High School
- 1.0kmReading Girls' School
- 2.4kmKendrick School
More reading links
Public Transport Nearby
Reading Green Park station is the nearest stop to Flat 2, 12, Gweal Avenue, Reading at 1.8 kilometres away.
- 1.8kmReading Green Park
- 3.0kmReading West
- 3.1kmReading
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
