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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
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According to the public record, Flat 2, The Picture House, Reading is a modern apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, The Picture House, Reading is £230,367 and the estimated rental value is £1,379 per month.
The apartment is within The Picture House, Cheapside, Reading, RG1.
Cheapside, Reading, RG1 is located within the RG1 postal district.
Flat 2, The Picture House, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2023.
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.
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, The Picture House, Reading is in very good condition we estimate a sale value of £241,885 and a rental value of £1,448 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,241 and a rental value of £1,283 per month.
Over the last 12 months the sale value of Flat 2 The Picture House Reading has decreased by an estimated £4,911 (2.1%) and its rental value has increased by an estimated £36 per month (2.6%), giving an expected gross yield of 7.2%.
Flat 2, The Picture House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, The Picture House, Reading was last sold on 18th June 2004 for £199,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Picture House, Reading within a radius of 270 metres over the last 2 years.
The most recent example is Flat 401, Honister 20, Alfred Street, Reading, RG1 7AH, a leasehold flat which sold for £234,000 on the 18th November 2025.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheapside, Reading, RG1 has a total of 99 addresses. According to our analysis of all the public data, Flat 2, The Picture House, Reading is the 40th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in RG1.
The closest station to Flat 2, The Picture House, Reading is Reading station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, The Picture House, 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, The Picture House, 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, The Picture House, 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, The Picture House, 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.
