Flat 4, 11
Flat 4, 11
Description & Estimates
According to the public record, Flat 4, 11, Shepherd Road, Reading is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 11, Shepherd Road, Reading is £277,149 and the estimated rental value is £1,665 per month.
The apartment is within 11, Shepherd Road, Shinfield, Reading, RG2.
Shepherd Road, Shinfield, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
Flat 4, 11, Shepherd Road, Reading has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 4, 11, Shepherd Road, Reading is in very good condition we estimate a sale value of £291,006 and a rental value of £1,748 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,749 and a rental value of £1,549 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, 11, Shepherd Road, Reading has declined by £7,483 (2.7%), while its estimated rental value has climbed by £31 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Energy Efficiency
Flat 4, 11, Shepherd Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 4, 11, Shepherd Road, Reading was last sold on 23rd June 2023 for £315,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped by 5.6%.
- Sold Jun 2023£315,000
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 4, 11, Shepherd Road, Reading within a radius of 980 metres over the last 2 years.
The most recent example is Flat 1, 11, Shepherd Road, Reading, RG2 9SF, a leasehold flat which sold for £300,000 on the 29th June 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Shepherd Road, Shinfield, Reading, RG2 has a total of 74 addresses. According to our analysis of all the public data, Flat 4, 11, Shepherd Road, Reading is the 43rd largest and the 55th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in RG2.
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Schools Nearby
- 900mShinfield Infant and Nursery School
- 1.0kmShinfield St Mary's CofE Junior School
- 1.3kmAlder Grove Church of England Primary School
- 1.9kmOakbank School
- 2.2kmHartland High School
- 3.1kmMaiden Erlegh School
More reading links
Public Transport Nearby
The closest station to Flat 4, 11, Shepherd Road, Reading is Earley station, which is 3.7 kilometres away.
- 3.7kmEarley
- 4.4kmWinnersh Triangle
- 4.4kmReading Green Park
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
