Flat 2, 4
Flat 2, 4
Description & Estimates
The public record describes Flat 2, 4, Palmer Street, Reading as a modern apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 2, 4, Palmer Street, Reading has an estimated sale value of £348,589 and an estimated rental value of £1,659 per month, assuming reasonable condition and based on the information available.
The apartment sits within 4, Palmer Street, Reading, RG1.
Palmer Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 2, 4, Palmer Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data 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 2, 4, Palmer Street, Reading would be worth £366,018, with a potential rental value of £1,742 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £324,187, with a rental value of £1,543 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, 4, Palmer Street, Reading has decreased by £8,895 (2.6%) over the last year. During the same period, its estimated monthly rental value has grown by £36 (2.2%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
Flat 2, 4, Palmer Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Flat 2, 4, Palmer Street, Reading across the last 2 years.
Most recently, Flat 21, 4, Palmer Street, Reading, RG1 3GY, a leasehold flat, sold at £358,000 on the 31st March 2025.
Read more about house prices in RG1.
- Sold Mar 2025£358,000 | 2 Bed FlatFlat 21, 4, Palmer Street, Reading, RG1 3GYFlat 21, 4, Palmer Street, Reading, RG1 3GY
- Sold Jan 2023£382,725 | 2 Bed FlatFlat 72, 4, Palmer Street, Reading, RG1 3GYFlat 72, 4, Palmer Street, Reading, RG1 3GY
- Sold Jan 2023£433,500 | 2 Bed FlatFlat 50, 4, Palmer Street, Reading, RG1 3GYFlat 50, 4, Palmer Street, Reading, RG1 3GY
•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, 4, Palmer Street, Reading as the 85th largest and the 67th most expensive of the 254 addresses on Palmer Street, Reading, RG1.
Against the RG1 postcode district average, it is £52k more expensive than the typical property.
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Schools Nearby
- 700mSt John's Church of England Primary School
- 800mNew Town Primary School
- 1.1kmKatesgrove Primary School
- 700mKendrick School
- 1.1kmReading School
- 1.8kmMaiden Erlegh School in Reading
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Public Transport Nearby
Reading station is the nearest stop to Flat 2, 4, Palmer Street, Reading at 700 metres away.
- 700mReading
- 2.0kmReading West
- 3.5kmEarley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
