Flat 4, 1
Flat 4, 1
Description & Estimates
The public record describes Flat 4, 1, Lorne Street, Reading as an early-century apartment with 215 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 4, 1, Lorne Street, Reading has an estimated sale value of £91,717 and an estimated rental value of £605 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Lorne Street, Reading, RG1.
Lorne Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 4, 1, Lorne Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data 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
In very good condition, we estimate Flat 4, 1, Lorne Street, Reading would be worth £96,303, with a potential rental value of £635 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £85,297, with a rental value of £562 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, 1, Lorne Street, Reading has decreased by £1,113 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £19 (3.2%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
Flat 4, 1, Lorne Street, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jan 2019.
The property is not connected to mains gas and has mostly double glazing. It is heated using Room heaters, electric.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 350 metres of Flat 4, 1, Lorne Street, Reading across the last 2 years.
Most recently, Flat 1, 229, Oxford Road, Reading, RG1 7PX, a leasehold flat, sold at £367,000 on the 6th October 2021.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 4, 1, Lorne Street, Reading as the 86th largest and the 87th most expensive of the 87 addresses on Lorne Street, Reading, RG1.
Against the RG1 postcode district average, it is £205k less expensive than the typical property.
More reading links
Schools Nearby
- 100mOxford Road Community School
- 300mAll Saints Church of England Aided Infant School
- 300mAll Saints Junior School
- 1.2kmRiver Academy
- 1.2kmThe WREN School
- 1.6kmBlessed Hugh Faringdon Catholic School
More reading links
Public Transport Nearby
Reading West station is the nearest stop to Flat 4, 1, Lorne Street, Reading at 200 metres away.
- 200mReading West
- 1.2kmReading
- 3.2kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
