Our Data Sources
Flat 3, The Picture House, Reading has 31 entries in the Land Registry, most recently in November 2016 and a single entry in the EPC database dated January 2025.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate Flat 3, The Picture House, Reading would be worth £201,407, with a potential rental value of £1,267 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £178,389, with a rental value of £1,122 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 3, The Picture House, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jan 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (electric).
Sold Prices
Flat 3, The Picture House, Reading last changed hands on 30th November 2016, selling for £220,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 24.1% since November 2016.
- Sold Nov 2016£220,000
- Sold Apr 2013£153,000
- Sold Sep 2003£162,450
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 115 sales of comparable properties within 270 metres of Flat 3, The Picture House, Reading since 2015.
Most recently, Flat 20, The Picture House, Cheapside, Reading, RG1 7AB, a leasehold flat, sold at £170,000 on the 20th August 2025.
Read more about house prices in RG1.
- Sold Aug 2025£170,000 | 2 Bed FlatFlat 20, The Picture House, Cheapside, Reading, RG1 7ABFlat 20, The Picture House, Cheapside, Reading, RG1 7AB
- Sold Apr 2025£181,000 | 2 Bed Flat10 The Chatham, Thorn Walk, Reading, RG1 7BJ10 The Chatham, Thorn Walk, Reading, RG1 7BJ
- Sold Jan 2025£230,000 | 2 Bed FlatFlat 802, Honister 20, Alfred Street, Reading, RG1 7AHFlat 802, Honister 20, Alfred Street, Reading, RG1 7AH
- Sold May 2024£220,000 | 2 Bed FlatFlat 405, Hewitt 40, Alfred Street, Reading, RG1 7LSFlat 405, Hewitt 40, Alfred Street, Reading, RG1 7LS
- Sold Mar 2024£195,000 | 2 Bed FlatFlat 92, Mayer House, Chatham Place, Reading, RG1 7ANFlat 92, Mayer House, Chatham Place, Reading, RG1 7AN
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £219,729, ranging from £184,013 to £240,030.
- Flat 10 The Picture House
2 Bed Flat | 0 m | Est. Value: £215,235
- Flat 15 The Picture House
2 Bed Flat | 0 m | Est. Value: £223,645
- Flat 43 The Picture House
2 Bed Flat | 0 m | Est. Value: £199,522
- Flat 31 The Picture House
2 Bed Flat | 0 m | Est. Value: £240,030
- Flat 6 The Picture House
2 Bed Flat | 0 m | Est. Value: £220,313
Location Comparison
Our analysis of the public data ranks Flat 3, The Picture House, Reading as the 78th largest and the 76th most expensive of the 99 addresses on Cheapside, Reading, RG1.
Against the RG1 postcode district average, it is £100k less expensive than the typical property.
More reading links
Schools Nearby
- Civitas Academy300 m away
- Oxford Road Community School600 m away
- Coley Primary School700 m away
- Kendrick School1.1 km away
- River Academy1.2 km away
- Reading School1.8 km away
More reading links
Public Transport Nearby
- Reading|500 m away
- Reading West|900 m away
- Reading Green Park|3.6 km away
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow or No Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.












