Flat 45, Hermitage
Flat 45, Hermitage
Description & Estimates
According to the public record, Flat 45, Hermitage, Reading is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 45, Hermitage, Reading is £241,642 and the estimated rental value is £1,320 per month.
The apartment is within Hermitage, Chatham Street, Reading, RG1.
Chatham Street, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 45, Hermitage, Reading has 3 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated December 2018.
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
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 45, Hermitage, Reading is in very good condition we estimate a sale value of £253,725 and a rental value of £1,386 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,727 and a rental value of £1,228 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 45, Hermitage, Reading has fallen by £6,166 (2.6%), while its estimated rental value has moved up by £29 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
Flat 45, Hermitage, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 45, Hermitage, Reading was last sold on 27th March 2015 for £209,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2015, the market for similar properties has risen by 0.5%.
- Sold Mar 2015£209,950
- Sold May 2012£180,000
- Sold Apr 2010£155,000
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 45, Hermitage, Reading within a radius of 290 metres over the last 2 years.
The most recent example is Flat 51, Hermitage, Chatham Street, Reading, RG1 7LF, a leasehold flat which sold for £245,000 on the 11th October 2024.
Read more about house prices in RG1.
- Sold Oct 2024£245,000 | 2 Bed FlatHermitage, Chatham StreetFlat 51, Hermitage, Chatham Street, Reading, RG1 7LF
- Sold Apr 2024£220,000 | 2 Bed FlatHermitage, Chatham StreetFlat 39, Hermitage, Chatham Street, Reading, RG1 7LF
- Sold Apr 2023£225,000 | 2 Bed FlatHermitage, Chatham StreetFlat 32, Hermitage, Chatham Street, Reading, RG1 7LF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chatham Street, Reading, RG1 has a total of 117 addresses. According to our analysis of all the public data, Flat 45, Hermitage, Reading is the 59th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in RG1.
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Schools Nearby
- 200mCivitas Academy
- 500mOxford Road Community School
- 700mE P Collier Primary School
- 1.1kmRiver Academy
- 1.2kmKendrick School
- 1.7kmThe WREN School
More reading links
Public Transport Nearby
The closest station to Flat 45, Hermitage, Reading is Reading station, which is 600 metres away.
- 600mReading
- 700mReading West
- 3.6kmReading Green Park
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
