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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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Public records show Flat 3, 42, Market Place, Reading to be a modern leasehold apartment with 344 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, 42, Market Place, Reading has an estimated sale value of £165,126 and an estimated rental value of £1,003 per month, assuming reasonable condition and based on the information available.
The apartment sits within 42, Market Place, Reading, RG1.
Market Place, Reading, RG1 lies within the RG1 postal district.
Flat 3, 42, Market Place, Reading has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated January 2016.
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.
In very good condition, we estimate Flat 3, 42, Market Place, Reading would be worth £173,383, with a potential rental value of £1,053 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £153,568, with a rental value of £933 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 3, 42, Market Place, Reading has fallen by £2,003 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (3.2%). The property's estimated gross yield is currently 7.3%.
Flat 3, 42, Market Place, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
Flat 3, 42, Market Place, Reading last changed hands on 28th November 2018, selling for £179,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 12.1% since November 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 3, 42, Market Place, Reading across the last 2 years.
Most recently, Flat 9, 42, Market Place, Reading, RG1 2DE, a leasehold flat, sold at £155,000 on the 15th December 2023.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, 42, Market Place, Reading as the 54th largest and the 45th most expensive of the 66 addresses on Market Place, Reading, RG1.
Against the RG1 postcode district average, it is £131k less expensive than the typical property.
Reading station is the nearest stop to Flat 3, 42, Market Place, Reading at 300 metres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 42, Market Place, 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 3, 42, Market Place, 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 3, 42, Market Place, 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 3, 42, Market Place, 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.
