Flat 4, 7-11
Flat 4, 7-11
Description & Estimates
Public records show Flat 4, 7-11, Station Road, Reading to be a modern leasehold apartment with 462 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, 7-11, Station Road, Reading has an estimated sale value of £212,998 and an estimated rental value of £1,204 per month, assuming reasonable condition and based on the information available.
The apartment sits within 7-11, Station Road, Reading, RG1.
Station Road, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 4, 7-11, Station Road, Reading has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated January 2016.
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.
Price Range & Condition
In very good condition, we estimate Flat 4, 7-11, Station Road, Reading would be worth £223,648, with a potential rental value of £1,264 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £198,088, with a rental value of £1,120 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, 7-11, Station Road, Reading has decreased by £5,685 (2.7%) over the last year. During the same period, its estimated monthly rental value has grown by £22 (1.8%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
Flat 4, 7-11, Station Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 4, 7-11, Station Road, Reading last changed hands on 7th March 2016, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 18.4% since March 2016.
- Sold Mar 2016£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 4, 7-11, Station Road, Reading across the last 2 years.
Most recently, Flat 8, 1, Station Road, Reading, RG1 1LH, a leasehold flat, sold at £265,000 on the 15th March 2023.
Read more about house prices in RG1.
- Sold Mar 2023£265,000 | 1 Bed FlatFlat 8, 1, Station Road, Reading, RG1 1LHFlat 8, 1, Station Road, Reading, RG1 1LH
- Sold Nov 2022£275,000 | 1 Bed FlatFlat 3, 1, Station Road, Reading, RG1 1LHFlat 3, 1, Station Road, Reading, RG1 1LH
- Sold Oct 2021£255,000 | 2 Bed FlatFlat 12, 7-11, Station Road, Reading, RG1 1LGFlat 12, 7-11, Station Road, Reading, RG1 1LG
•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, 7-11, Station Road, Reading as the 27th largest and the 35th most expensive of the 47 addresses on Station Road, Reading, RG1.
Against the RG1 postcode district average, it is £83k less expensive than the typical property.
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Schools Nearby
- 600mCivitas Academy
- 600mE P Collier Primary School
- 900mKatesgrove Primary School
- 900mKendrick School
- 1.4kmRiver Academy
- 1.6kmReading School
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 4, 7-11, Station Road, Reading at 100 metres away.
- 100mReading
- 1.3kmReading West
- 3.9kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
