Flat 3, 345 Road
Flat 3, 345 Road
Description & Estimates
The public record describes Flat 3, 345 Road, Reading as a period apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 345 Road, Reading has an estimated sale value of £264,870 and an estimated rental value of £1,324 per month, assuming reasonable condition and based on the information available.
The apartment sits within 345, London Road, Reading, RG1.
London Road, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 3, 345 Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 345 Road, Reading would be worth £278,113, with a potential rental value of £1,390 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £246,329, with a rental value of £1,231 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 3, 345 Road, Reading has fallen by £7,069 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £24 (1.8%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 3, 345 Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 530 metres of Flat 3, 345 Road, Reading across the last 2 years.
Most recently, Flat 1, 345, London Road, Reading, RG1 3PB, a leasehold flat, sold at £572,500 on the 13th May 2022.
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
Our analysis of the public data ranks Flat 3, 345 Road, Reading as the 330th largest and the 182nd most expensive of the 508 addresses on London Road, Reading, RG1.
Against the RG1 postcode district average, it is £31k less expensive than the typical property.
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Schools Nearby
- 600mNew Town Primary School
- 700mSt John's Church of England Primary School
- 800mAlfred Sutton Primary School
- 800mMaiden Erlegh School in Reading
- 800mUTC Reading
- 1.1kmReading School
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 3, 345 Road, Reading at 2.1 kilometres away.
- 2.1kmReading
- 2.3kmEarley
- 3.3kmReading West
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
