Flat 3, 55-57
Flat 3, 55-57
Description & Estimates
Flat 3, 55-57, Erleigh Road, Reading is described in the public record as a period apartment with 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 55-57, Erleigh Road, Reading is £259,150 and its rental estimate is £1,359 per month, given the available information and assuming reasonable condition.
55-57, Erleigh Road is a residential building on Erleigh Road, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 3, 55-57, Erleigh Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated September 2017.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, 55-57, Erleigh Road, Reading, we estimate a market value of £272,108 and a rental value of £1,427 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £241,010 and £1,264 per month respectively.
Recent Market Change
Over the last year, Flat 3, 55-57, Erleigh Road, Reading has seen its estimated sale value fall by £6,916 (2.7%) and its estimated rental value move up by £24 per month (1.8%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 3, 55-57, Erleigh Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 55-57, Erleigh Road, Reading have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 4 Forsete Place, Cardigan Road, Reading, RG1 5QB, a leasehold flat which sold for £260,000.
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
Of the 204 addresses on Erleigh Road, Reading, RG1, Flat 3, 55-57, Erleigh Road, Reading comes out as the 148th largest and the 66th most expensive in our analysis of the public data.
It is also £37k less expensive than the average property across the RG1 district.
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Schools Nearby
- 300mRedlands Primary School
- 600mSt John's Church of England Primary School
- 800mNew Town Primary School
- 400mReading School
- 600mMaiden Erlegh School in Reading
- 700mUTC Reading
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Public Transport Nearby
From Flat 3, 55-57, Erleigh Road, Reading, the nearest station is Reading, 1.8 kilometres away.
- 1.8kmReading
- 2.4kmEarley
- 2.9kmReading West
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
