Flat 3, 8
Flat 3, 8
Description & Estimates
Flat 3, 8, Western Elms Avenue, Reading is recorded publicly as a period leasehold apartment across 333 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 8, Western Elms Avenue, Reading is £170,980 and its rental estimate is £845 per month, given the available information and assuming reasonable condition.
8, Western Elms Avenue is a residential building on Western Elms Avenue, Reading, RG30 and falls within the RG30 postal district.
Our Data Sources
Flat 3, 8, Western Elms Avenue, Reading has 51 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, 8, Western Elms Avenue, Reading, we estimate a market value of £179,529 and a rental value of £887 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £159,012 and £786 per month respectively.
Recent Market Change
Over the last year, Flat 3, 8, Western Elms Avenue, Reading has seen its estimated sale value decrease by £907 (0.5%) and its estimated rental value grow by £33 per month (3.9%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Flat 3, 8, Western Elms Avenue, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Mar 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 3, 8, Western Elms Avenue, Reading completed on 27th June 2022 at £172,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 8.3% over the period since June 2022.
- Sold Jun 2022£172,000
- Sold Nov 2013£125,000
- Sold Sep 2011£95,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 8, Western Elms Avenue, Reading have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2021, was Flat 3, Elm House 12, Western Elms Avenue, Reading, RG30 2AN, a leasehold flat which sold for £151,500.
Read more about house prices in RG30.
- Sold Aug 2021£151,500 | 1 Bed FlatElm House 12, Western Elms AvenueFlat 3, Elm House 12, Western Elms Avenue, Reading, RG30 2AN
- Sold Jan 2021£165,000 | 1 Bed Flat18, Western Elms AvenueFlat 1, 18, Western Elms Avenue, Reading, RG30 2AN
- Sold Aug 2017£5,070 | 1 Bed Flat252, Oxford RoadFlat 1, 252, Oxford Road, Reading, RG30 1AB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 131 addresses on Western Elms Avenue, Reading, RG30, Flat 3, 8, Western Elms Avenue, Reading comes out as the 129th largest and the 111th most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the RG30 district.
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Schools Nearby
- 400mBattle Primary Academy
- 400mAll Saints Church of England Aided Infant School
- 400mAll Saints Junior School
- 1.0kmThe WREN School
- 1.2kmRiver Academy
- 1.3kmBlessed Hugh Faringdon Catholic School
More reading links
Public Transport Nearby
From Flat 3, 8, Western Elms Avenue, Reading, the nearest station is Reading West, 200 metres away.
- 200mReading West
- 1.5kmReading
- 3.1kmReading Green Park
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.
