Flat 20, 1
Flat 20, 1
Description & Estimates
According to the public record, Flat 20, 1, Duke Street, Reading is a modern leasehold apartment with 398 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 20, 1, Duke Street, Reading is £234,623 and the estimated rental value is £1,179 per month.
The apartment is within 1, Duke Street, Reading, RG1.
Duke Street, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 20, 1, Duke Street, Reading has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that 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
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 20, 1, Duke Street, Reading is in very good condition we estimate a sale value of £246,354 and a rental value of £1,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,199 and a rental value of £1,096 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 20, 1, Duke Street, Reading has moved down by £2,846 (1.2%), while its estimated rental value has increased by £38 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 20, 1, Duke Street, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, electric.
Sold Prices
According to HM Land Registry, Flat 20, 1, Duke Street, Reading was last sold on 22nd June 2022 for £239,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped by 22.0%.
- Sold Jun 2022£239,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 20, 1, Duke Street, Reading within a radius of 410 metres over the last 2 years.
The most recent example is Flat 12, 1, Duke Street, Reading, RG1 4FU, a leasehold flat which sold for £220,000 on the 3rd February 2023.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Duke Street, Reading, RG1 has a total of 117 addresses. According to our analysis of all the public data, Flat 20, 1, Duke Street, Reading is the 31st largest and the 27th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in RG1.
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Schools Nearby
- 600mKatesgrove Primary School
- 800mColey Primary School
- 900mCivitas Academy
- 500mKendrick School
- 1.2kmReading School
- 1.8kmRiver Academy
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Public Transport Nearby
The closest station to Flat 20, 1, Duke Street, Reading is Reading station, which is 400 metres away.
- 400mReading
- 1.5kmReading West
- 3.8kmReading Green Park
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
