Flat 5, 10
Flat 5, 10
Description & Estimates
Public records show Flat 5, 10, Prospect Street, Reading to be a modern leasehold apartment with 839 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, 10, Prospect Street, Reading has an estimated sale value of £292,453 and an estimated rental value of £1,546 per month, assuming reasonable condition and based on the information available.
The apartment sits within 10, Prospect Street, Reading, RG1.
Prospect Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 5, 10, Prospect Street, Reading has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, 10, Prospect Street, Reading would be worth £307,076, with a potential rental value of £1,623 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £271,981, with a rental value of £1,438 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 5, 10, Prospect Street, Reading has fallen by £7,805 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £28 (1.8%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 5, 10, Prospect Street, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
Flat 5, 10, Prospect Street, Reading last changed hands on 19th May 2017, selling for £345,000. 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 risen by 4.7% since May 2017.
- Sold May 2017£345,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat 5, 10, Prospect Street, Reading across the last 2 years.
Most recently, Flat 4, 10, Prospect Street, Reading, RG1 7YG, a leasehold flat, sold at £327,000 on the 5th June 2020.
Read more about house prices in RG1.
•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 5, 10, Prospect Street, Reading as the 34th largest and the 21st most expensive of the 166 addresses on Prospect Street, Reading, RG1.
Against the RG1 postcode district average, it is £4k less expensive than the typical property.
More reading links
Schools Nearby
- 100mOxford Road Community School
- 300mAll Saints Church of England Aided Infant School
- 300mAll Saints Junior School
- 1.2kmRiver Academy
- 1.3kmThe WREN School
- 1.6kmKendrick School
More reading links
Public Transport Nearby
Reading West station is the nearest stop to Flat 5, 10, Prospect Street, Reading at 300 metres away.
- 300mReading West
- 1.1kmReading
- 3.2kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
