Flat 5, 31
Flat 5, 31
Description & Estimates
Flat 5, 31, Russell Street, Reading is described in the public record as a modern apartment with 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 5, 31, Russell Street, Reading is £150,226 and its rental estimate is £988 per month, given the available information and assuming reasonable condition.
31, Russell Street is a residential building on Russell Street, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 5, 31, Russell Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data 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
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 5, 31, Russell Street, Reading, we estimate a market value of £157,737 and a rental value of £1,038 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £139,710 and £919 per month respectively.
Recent Market Change
Over the last year, Flat 5, 31, Russell Street, Reading has seen its estimated sale value decline by £1,823 (1.2%) and its estimated rental value climb by £32 per month (3.2%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
Flat 5, 31, Russell Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 31, Russell Street, Reading have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd June 2025, was Flat 1, 44, Howard Street, Reading, RG1 7XS, a leasehold flat which sold for £115,000.
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
Of the 213 addresses on Russell Street, Reading, RG1, Flat 5, 31, Russell Street, Reading comes out as the 184th largest and the 207th most expensive in our analysis of the public data.
It is also £146k less expensive than the average property across the RG1 district.
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Schools Nearby
- 400mOxford Road Community School
- 400mCivitas Academy
- 500mAll Saints Church of England Aided Infant School
- 1.3kmKendrick School
- 1.3kmRiver Academy
- 1.4kmThe WREN School
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Public Transport Nearby
From Flat 5, 31, Russell Street, Reading, the nearest station is Reading West, 600 metres away.
- 600mReading West
- 900mReading
- 3.2kmReading Green Park
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
