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According to the public record, Flat 5, 40, Spey Road, Reading is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 40, Spey Road, Reading is £336,974 and the estimated rental value is £1,708 per month.
The apartment is within 40, Spey Road, Tilehurst, Reading, RG30.
Spey Road, Tilehurst, Reading, RG30 is located within the RG30 postal district.
Flat 5, 40, Spey Road, Reading has a single entry in the Land Registry from March 2025 and a single entry in the EPC database dated February 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 5, 40, Spey Road, Reading is in very good condition we estimate a sale value of £353,823 and a rental value of £1,793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,386 and a rental value of £1,588 per month.
Over the last 12 months the sale value of Flat 5 40 Spey Road Reading has decreased by an estimated £11,810 (3.5%) and its rental value has increased by an estimated £8 per month (0.5%), giving an expected gross yield of 6.1%.
Flat 5, 40, Spey Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Feb 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 5, 40, Spey Road, Reading was last sold on 27th March 2025 for £347,745 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2025, the market for similar properties has dropped 27.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 5, 40, Spey Road, Reading within a radius of 470 metres over the last 2 years.
The most recent example is Flat 10, 40, Spey Road, Reading, RG30 4NL, a leasehold flat which sold for £360,000 on the 10th March 2025.
Read more about house prices in RG30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spey Road, Tilehurst, Reading, RG30 has a total of 200 addresses. According to our analysis of all the public data, Flat 5, 40, Spey Road, Reading is the 77th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in RG30.
The closest station to Flat 5, 40, Spey Road, Reading is Reading West station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 40, Spey Road, Reading, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 5, 40, Spey Road, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 5, 40, Spey Road, Reading, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 5, 40, Spey Road, Reading, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
