Flat 45, Tean House
Flat 45, Tean House
Description & Estimates
Public records show Flat 45, Tean House, Reading to be a modern leasehold apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 45, Tean House, Reading has an estimated sale value of £201,618 and an estimated rental value of £1,278 per month, assuming reasonable condition and based on the information available.
The apartment sits within Tean House, Havergate Way, Reading, RG2.
Havergate Way, Reading, RG2 lies within the RG2 postal district.
Our Data Sources
Flat 45, Tean House, Reading has 3 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated April 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
In very good condition, we estimate Flat 45, Tean House, Reading would be worth £211,699, with a potential rental value of £1,342 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £187,505, with a rental value of £1,188 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 45, Tean House, Reading has declined by £6,676 (3.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £16 (1.2%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
Flat 45, Tean House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 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
Flat 45, Tean House, Reading last changed hands on 6th May 2022, selling for £170,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 1.6% since May 2022.
- Sold May 2022£170,000
- Sold Apr 2015£167,000
- Sold Mar 2008£147,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of Flat 45, Tean House, Reading across the last 2 years.
Most recently, Flat 40, Tean House, Havergate Way, Reading, RG2 0GU, a leasehold flat, sold at £175,000 on the 23rd February 2024.
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 Sep 2023£210,000 | 2 Bed FlatTean House, Havergate WayFlat 70, Tean House, Havergate Way, Reading, RG2 0GU
- Sold Dec 2022£179,000 | 2 Bed FlatTean House, Havergate WayFlat 32, Tean House, Havergate Way, Reading, RG2 0GU
•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 45, Tean House, Reading as the 80th largest and the 80th most expensive of the 122 addresses on Havergate Way, Reading, RG2.
Against the RG2 postcode district average, it is £172k less expensive than the typical property.
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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
Reading Green Park station is the nearest stop to Flat 45, Tean House, Reading at 1.7 kilometres away.
- 1.7kmReading Green Park
- 3.0kmReading West
- 3.1kmReading
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.
