Flat 2, Edward Place 240
Flat 2, Edward Place 240
Description & Estimates
The public record describes Flat 2, Edward Place 240, Reading as a modern apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, Edward Place 240, Reading has an estimated sale value of £214,450 and an estimated rental value of £1,286 per month, assuming reasonable condition and based on the information available.
The apartment sits within Edward Place, Kings Road, Reading, RG1.
Kings Road, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 2, Edward Place 240, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, Edward Place 240, Reading would be worth £225,172, with a potential rental value of £1,351 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £199,438, with a rental value of £1,196 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, Edward Place 240, Reading has dropped by £5,723 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (1.8%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
Flat 2, Edward Place 240, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 2, Edward Place 240, Reading last changed hands on 9th April 1999, selling for £80,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold Apr 1999£80,000
- Sold Jun 1996£64,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of Flat 2, Edward Place 240, Reading across the last 2 years.
Most recently, Flat 26, Shelley Court 46, London Road, Reading, RG1 5DG, a leasehold flat, sold at £217,500 on the 2nd September 2025.
Read more about house prices in RG1.
- Sold Sep 2025£217,500 | 2 Bed FlatShelley Court 46, London RoadFlat 26, Shelley Court 46, London Road, Reading, RG1 5DG
- Sold Jun 2025£250,000 | 2 Bed FlatShelley Court 46, London RoadFlat 36, Shelley Court 46, London Road, Reading, RG1 5DG
- Sold May 2025£220,000 | 2 Bed FlatHanover House 202, Kings RoadFlat 702, Hanover House 202, Kings Road, Reading, RG1 4NN
•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, Edward Place 240, Reading as the 330th largest and the 435th most expensive of the 827 addresses on Kings Road, Reading, RG1.
Against the RG1 postcode district average, it is £82k less expensive than the typical property.
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Schools Nearby
- 300mSt John's Church of England Primary School
- 600mNew Town Primary School
- 1.0kmRedlands Primary School
- 600mKendrick School
- 600mReading School
- 1.3kmMaiden Erlegh School in Reading
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 2, Edward Place 240, Reading at 1.2 kilometres away.
- 1.2kmReading
- 2.3kmReading West
- 3.0kmEarley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
