Flat 4, 12
Flat 4, 12
Description & Estimates
Flat 4, 12, Gweal Avenue, Reading is recorded publicly as a modern leasehold apartment across 775 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 12, Gweal Avenue, Reading is £263,350 and its rental estimate is £1,586 per month, given the available information and assuming reasonable condition.
12, Gweal Avenue is a residential building on Gweal Avenue, Reading, RG2 and falls within the RG2 postal district.
Our Data Sources
Flat 4, 12, Gweal Avenue, Reading has 2 entries in the Land Registry , most recently in February 2016 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, 12, Gweal Avenue, Reading, we estimate a market value of £276,517 and a rental value of £1,665 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £244,915 and £1,475 per month respectively.
Recent Market Change
Over the last year, Flat 4, 12, Gweal Avenue, Reading has seen its estimated sale value fall by £7,110 (2.7%) and its estimated rental value move up by £30 per month (1.9%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 4, 12, Gweal Avenue, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 4, 12, Gweal Avenue, Reading completed on 26th February 2016 at £279,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.0% over the period since February 2016.
- Sold Feb 2016£279,950
- Sold Sep 2008£235,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 12, Gweal Avenue, Reading have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was Flat 101, Heron House, Rushley Way, Reading, RG2 0GJ, a leasehold flat which sold for £260,000.
Read more about house prices in RG2.
- Sold Jun 2024£260,000 | 2 Bed FlatHeron House, Rushley WayFlat 101, Heron House, Rushley Way, Reading, RG2 0GJ
- Sold May 2024£265,000 | 2 Bed Flat2, Gweal AvenueFlat 6, 2, Gweal Avenue, Reading, RG2 0FW
- Sold Jan 2024£280,000 | 2 Bed Flat11, Lindisfarne WayFlat 6, 11, Lindisfarne Way, Reading, RG2 0GS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 64 addresses on Gweal Avenue, Reading, RG2, Flat 4, 12, Gweal Avenue, Reading comes out as the 27th largest and the 28th most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the RG2 district.
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Schools Nearby
- 500mWhitley Park Primary and Nursery School
- 1.2kmThe Palmer Primary Academy
- 1.2kmChrist The King Catholic Primary School
- 1.0kmHartland High School
- 1.0kmReading Girls' School
- 2.4kmKendrick School
More reading links
Public Transport Nearby
From Flat 4, 12, Gweal Avenue, Reading, the nearest station is Reading Green Park, 1.8 kilometres away.
- 1.8kmReading Green Park
- 3.0kmReading West
- 3.1kmReading
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
