Flat 5, 11
Flat 5, 11
Description & Estimates
Public records show Flat 5, 11, Shepherd Road, Reading to be a modern leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, 11, Shepherd Road, Reading has an estimated sale value of £233,318 and an estimated rental value of £1,467 per month, assuming reasonable condition and based on the information available.
The apartment sits within 11, Shepherd Road, Shinfield, Reading, RG2.
Shepherd Road, Shinfield, Reading, RG2 lies within the RG2 postal district.
Our Data Sources
Flat 5, 11, Shepherd Road, Reading has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, 11, Shepherd Road, Reading would be worth £244,983, with a potential rental value of £1,540 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £216,985, with a rental value of £1,364 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, 11, Shepherd Road, Reading has dropped by £6,299 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £27 (1.9%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 5, 11, Shepherd Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 5, 11, Shepherd Road, Reading last changed hands on 30th June 2023, selling for £230,000. 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 dropped by 5.6% since June 2023.
- Sold Jun 2023£230,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 980 metres of Flat 5, 11, Shepherd Road, Reading across the last 2 years.
Most recently, Flat 10, 11, Shepherd Road, Reading, RG2 9SF, a leasehold flat, sold at £225,000 on the 30th June 2023.
Read more about house prices in RG2.
•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, 11, Shepherd Road, Reading as the 74th largest and the 62nd most expensive of the 74 addresses on Shepherd Road, Shinfield, Reading, RG2.
Against the RG2 postcode district average, it is £140k less expensive than the typical property.
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Schools Nearby
- 900mShinfield Infant and Nursery School
- 1.0kmShinfield St Mary's CofE Junior School
- 1.3kmAlder Grove Church of England Primary School
- 1.9kmOakbank School
- 2.2kmHartland High School
- 3.1kmMaiden Erlegh School
More reading links
Public Transport Nearby
Earley station is the nearest stop to Flat 5, 11, Shepherd Road, Reading at 3.7 kilometres away.
- 3.7kmEarley
- 4.4kmWinnersh Triangle
- 4.4kmReading Green Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
