Flat 4, 11
Flat 4, 11
Description & Estimates
The public record describes Flat 4, 11, Prospect Street, Reading as a period apartment with 871 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 4, 11, Prospect Street, Reading has an estimated sale value of £132,933 and an estimated rental value of £818 per month, assuming reasonable condition and based on the information available.
The apartment sits within 11, Prospect Street, Reading, RG1.
Prospect Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 4, 11, Prospect Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated July 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 4, 11, Prospect Street, Reading would be worth £139,579, with a potential rental value of £859 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £123,628, with a rental value of £761 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, 11, Prospect Street, Reading has decreased by £5,222 (3.9%) over the last year. During the same period, its estimated monthly rental value has grown by £6 (0.7%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 4, 11, Prospect Street, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 330 metres of Flat 4, 11, Prospect Street, Reading across the last 2 years.
Most recently, Flat 25, Windsor Court 11, Tilehurst Road, Reading, RG1 7RA, a leasehold flat, sold at £165,000 on the 20th November 2023.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 4, 11, Prospect Street, Reading as the 24th largest and the 143rd most expensive of the 166 addresses on Prospect Street, Reading, RG1.
Against the RG1 postcode district average, it is £163k less expensive than the typical property.
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Schools Nearby
- 100mOxford Road Community School
- 400mAll Saints Church of England Aided Infant School
- 400mAll Saints Junior School
- 1.2kmRiver Academy
- 1.3kmThe WREN School
- 1.5kmKendrick School
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Public Transport Nearby
Reading West station is the nearest stop to Flat 4, 11, Prospect Street, Reading at 300 metres away.
- 300mReading West
- 1.1kmReading
- 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.
