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According to the public record, Flat 2, 40, Carey Street, Reading is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 40, Carey Street, Reading is £150,825 and the estimated rental value is £972 per month.
The apartment is within 40, Carey Street, Reading, RG1.
Carey Street, Reading, RG1 is located within the RG1 postal district.
Flat 2, 40, Carey Street, Reading has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated May 2017.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 40, Carey Street, Reading is in very good condition we estimate a sale value of £158,367 and a rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,268 and a rental value of £904 per month.
Over the last 12 months the sale value of Flat 2 40 Carey Street Reading has decreased by an estimated £1,830 (1.2%) and its rental value has increased by an estimated £31 per month (3.2%), giving an expected gross yield of 7.7%.
Flat 2, 40, Carey Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 40, Carey Street, Reading was last sold on 22nd August 2023 for £182,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2023, the market for similar properties has dropped 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40, Carey Street, Reading within a radius of 370 metres over the last 2 years.
The most recent example is Flat 1, 40, Carey Street, Reading, RG1 7JS, a leasehold flat which sold for £146,500 on the 30th January 2026.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carey Street, Reading, RG1 has a total of 54 addresses. According to our analysis of all the public data, Flat 2, 40, Carey Street, Reading is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in RG1.
The closest station to Flat 2, 40, Carey Street, Reading is Reading West station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 40, Carey 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, 40, Carey 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, 40, Carey 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, 40, Carey 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.