Flat 3, Edward Place 240
Flat 3, Edward Place 240
Description & Estimates
Flat 3, Edward Place 240, Reading is described in the public record as a modern apartment with 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, Edward Place 240, Reading is £223,248 and its rental estimate is £1,321 per month, given the available information and assuming reasonable condition.
Edward Place, Kings Road is a residential building on Kings Road, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 3, Edward Place 240, Reading has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
We combine this information with public data 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
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, Edward Place 240, Reading, we estimate a market value of £234,410 and a rental value of £1,387 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £207,621 and £1,229 per month respectively.
Recent Market Change
Over the last year, Flat 3, Edward Place 240, Reading has seen its estimated sale value drop by £5,958 (2.7%) and its estimated rental value rise by £24 per month (1.8%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Flat 3, Edward Place 240, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Edward Place 240, Reading have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd September 2025, was Flat 26, Shelley Court 46, London Road, Reading, RG1 5DG, a leasehold flat which sold for £217,500.
Read more about house prices in RG1.
- Sold Sep 2025£217,500 | 2 Bed FlatShelley Court 46, London RoadFlat 26, Shelley Court 46, London Road, Reading, RG1 5DG
- Sold Aug 2025£240,000 | 2 Bed FlatShelley Court 46, London RoadFlat 38, Shelley Court 46, London Road, Reading, RG1 5DG
- Sold Dec 2023£221,500 | 2 Bed FlatShelley Court 46, London RoadFlat 21, Shelley Court 46, London Road, Reading, RG1 5DG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 827 addresses on Kings Road, Reading, RG1, Flat 3, Edward Place 240, Reading comes out as the 275th largest and the 400th most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the RG1 district.
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Schools Nearby
- 300mSt John's Church of England Primary School
- 600mNew Town Primary School
- 1.0kmRedlands Primary School
- 600mKendrick School
- 600mReading School
- 1.3kmMaiden Erlegh School in Reading
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Public Transport Nearby
From Flat 3, Edward Place 240, Reading, the nearest station is Reading, 1.2 kilometres away.
- 1.2kmReading
- 2.3kmReading West
- 3.0kmEarley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
