Flat 3, Queens Lawns 48
Flat 3, Queens Lawns 48
Description & Estimates
According to the public record, Flat 3, Queens Lawns 48, Reading is a mid-century leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, Queens Lawns 48, Reading is £163,519 and the estimated rental value is £1,051 per month.
The apartment is within Queens Lawns, Alexandra Road, Reading, RG1.
Alexandra Road, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 3, Queens Lawns 48, Reading has 21 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated March 2014.
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.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, Queens Lawns 48, Reading is in very good condition we estimate a sale value of £171,695 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,073 and a rental value of £977 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, Queens Lawns 48, Reading has moved down by £1,984 (1.2%), while its estimated rental value has increased by £34 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.7%.
Energy Efficiency
Flat 3, Queens Lawns 48, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 3, Queens Lawns 48, Reading was last sold on 10th August 2010 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2010, the market for similar properties has risen by 27.9%.
- Sold Aug 2010£125,000
- Sold Oct 1999£62,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Queens Lawns 48, Reading within a radius of 350 metres over the last 2 years.
The most recent example is Flat 20, Queens Lawns 48, Alexandra Road, Reading, RG1 5PR, a leasehold flat which sold for £170,000 on the 14th February 2024.
Read more about house prices in RG1.
- Sold Feb 2024£170,000 | 2 Bed FlatQueens Lawns 48, Alexandra RoadFlat 20, Queens Lawns 48, Alexandra Road, Reading, RG1 5PR
- Sold Oct 2018£166,000 | 1 Bed FlatQueens Lawns 48, Alexandra RoadFlat 14, Queens Lawns 48, Alexandra Road, Reading, RG1 5PR
- Sold Jun 2009£96,000 | 2 Bed FlatQueens Lawns 48, Alexandra RoadFlat 28, Queens Lawns 48, Alexandra Road, Reading, RG1 5PR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Alexandra Road, Reading, RG1 has a total of 167 addresses. According to our analysis of all the public data, Flat 3, Queens Lawns 48, Reading is the 124th largest and the 142nd most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in RG1.
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Schools Nearby
- 200mRedlands Primary School
- 900mSt John's Church of England Primary School
- 1.0kmAlfred Sutton Primary School
- 300mReading School
- 800mMaiden Erlegh School in Reading
- 800mUTC Reading
More reading links
Public Transport Nearby
The closest station to Flat 3, Queens Lawns 48, Reading is Reading station, which is 1.9 kilometres away.
- 1.9kmReading
- 2.4kmEarley
- 2.8kmReading West
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
