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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, Greengates, Reading to be a modern leasehold apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, Greengates, Reading has an estimated sale value of £219,866 and an estimated rental value of £1,104 per month, assuming reasonable condition and based on the information available.
The apartment sits within Greengates, Lundy Lane, Reading, RG30.
Lundy Lane, Reading, RG30 lies within the RG30 postal district.
Flat 3, Greengates, Reading has 41 entries in the Land Registry , most recently in December 2015 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 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 3, Greengates, Reading would be worth £230,859, with a potential rental value of £1,159 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £204,476, with a rental value of £1,027 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, Greengates, Reading has declined by £4,580 (2.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £21 (1.9%). The property's estimated gross yield is currently 6.0%.
Flat 3, Greengates, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 3, Greengates, Reading last changed hands on 18th December 2015, selling for £185,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 19.4% since December 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 450 metres of Flat 3, Greengates, Reading across the last 2 years.
Most recently, Flat 8, Greengates, Lundy Lane, Reading, RG30 2RX, a leasehold flat, sold at £230,000 on the 27th September 2024.
Read more about house prices in RG30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, Greengates, Reading as the 11th largest and the 21st most expensive of the 34 addresses on Lundy Lane, Reading, RG30.
Against the RG30 postcode district average, it is £111k less expensive than the typical property.
Reading West station is the nearest stop to Flat 3, Greengates, Reading at 1.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast 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, Greengates, Reading, 39.3% of property is privately rented and 36.7% is privately owned with a mortgage.
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, Greengates, Reading, 20.5% of residents are recorded as possessing school level qualifications and 39.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, Greengates, Reading, the average age was 36.7 and the most common age was 32.
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, Greengates, Reading, 0.2% 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, Greengates, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
