Flat 41, Tean House
Flat 41, Tean House
Description & Estimates
Flat 41, Tean House, Reading is recorded publicly as a modern leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 41, Tean House, Reading is £197,767 and its rental estimate is £1,258 per month, given the available information and assuming reasonable condition.
Tean House, Havergate Way is a residential building on Havergate Way, Reading, RG2 and falls within the RG2 postal district.
Our Data Sources
Flat 41, Tean House, Reading has a single entry in the Land Registry from March 2008 and a single entry in the EPC database dated January 2024.
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
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 41, Tean House, Reading, we estimate a market value of £207,656 and a rental value of £1,321 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £183,924 and £1,170 per month respectively.
Recent Market Change
Over the last year, Flat 41, Tean House, Reading has seen its estimated sale value fall by £6,549 (3.3%) and its estimated rental value move up by £16 per month (1.2%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat 41, Tean House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2024.
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 41, Tean House, Reading completed on 10th March 2008 at £145,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 27.5% over the period since March 2008.
- Sold Mar 2008£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 41, Tean House, Reading have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was Flat 40, Tean House, Havergate Way, Reading, RG2 0GU, a leasehold flat which sold for £175,000.
Read more about house prices in RG2.
- Sold Feb 2024£175,000 | 2 Bed FlatTean House, Havergate WayFlat 40, Tean House, Havergate Way, Reading, RG2 0GU
- Sold May 2022£185,000 | 2 Bed FlatTean House, Havergate WayFlat 55, Tean House, Havergate Way, Reading, RG2 0GU
- Sold Jan 2021£175,000 | 2 Bed FlatTean House, Havergate WayFlat 27, Tean House, Havergate Way, Reading, RG2 0GU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 122 addresses on Havergate Way, Reading, RG2, Flat 41, Tean House, Reading comes out as the 95th largest and the 95th most expensive in our analysis of the public data.
It is also £176k less expensive than the average property across the RG2 district.
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Schools Nearby
- 600mWhitley Park Primary and Nursery School
- 1.3kmThe Palmer Primary Academy
- 1.3kmChrist The King Catholic Primary School
- 1.1kmHartland High School
- 1.1kmReading Girls' School
- 2.4kmKendrick School
More reading links
Public Transport Nearby
From Flat 41, Tean House, Reading, the nearest station is Reading Green Park, 1.7 kilometres away.
- 1.7kmReading 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.
