Our Data Sources
Flat 40, The Picture House, Reading has 41 entries in the Land Registry, most recently in August 2020 and a single entry in the EPC database dated July 2011.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate Flat 40, The Picture House, Reading would be worth £211,558, with a potential rental value of £1,312 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £187,380, with a rental value of £1,162 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 40, The Picture House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
Flat 40, The Picture House, Reading last changed hands on 14th August 2020, selling for £215,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 15.1% since August 2020.
- Sold Aug 2020£215,000
- Sold Sep 2014£212,500
- Sold Aug 2007£184,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 166 sales of comparable properties within 270 metres of Flat 40, The Picture House, Reading since 2017.
Most recently, 29, Stratheden Place, Reading, RG1 7BH, a leasehold flat, sold at £150,000 on the 16th October 2025.
Read more about house prices in RG1.
- Sold Oct 2025£150,000 | 2 Bed Flat29, Stratheden Place, Reading, RG1 7BH29, Stratheden Place, Reading, RG1 7BH
- Sold Sep 2025£255,000 | 2 Bed Flat24, Stratheden Place, Reading, RG1 7BH24, Stratheden Place, Reading, RG1 7BH
- Sold Aug 2025£170,000 | 2 Bed FlatFlat 20, The Picture House, Cheapside, Reading, RG1 7ABFlat 20, The Picture House, Cheapside, Reading, RG1 7AB
- Sold Apr 2025£181,000 | 2 Bed Flat10 The Chatham, Thorn Walk, Reading, RG1 7BJ10 The Chatham, Thorn Walk, Reading, RG1 7BJ
- Sold Jan 2025£230,000 | 2 Bed FlatFlat 802, Honister 20, Alfred Street, Reading, RG1 7AHFlat 802, Honister 20, Alfred Street, Reading, RG1 7AH
Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Explore Nearby Properties
The surrounding properties have an average estimated value of £220,744, ranging from £190,768 to £242,263.
- Flat 45 The Picture House
2 Bed Flat | 0 m | Est. Value: £220,538
- Flat 30 The Picture House
2 Bed Flat | 0 m | Est. Value: £222,268
- Flat 28 The Picture House
2 Bed Flat | 0 m | Est. Value: £229,080
- Flat 18 The Picture House
2 Bed Flat | 0 m | Est. Value: £221,285
- Flat 3 The Picture House
2 Bed Flat | 0 m | Est. Value: £190,768
Location Comparison
Our analysis of the public data ranks Flat 40, The Picture House, Reading as the 70th largest and the 70th most expensive of the 99 addresses on Cheapside, Reading, RG1.
Against the RG1 postcode district average, it is £94k less expensive than the typical property.
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Schools Nearby
- Civitas Academy300 m away
- Oxford Road Community School600 m away
- Coley Primary School700 m away
- Kendrick School1.1 km away
- River Academy1.2 km away
- Reading School1.8 km away
More reading links
Public Transport Nearby
- Reading|500 m away
- Reading West|900 m away
- Reading Green Park|3.6 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.












