Flat 5, Edward Place 240
Flat 5, Edward Place 240
Description & Estimates
According to the public record, Flat 5, Edward Place 240, Reading is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, Edward Place 240, Reading is £212,653 and the estimated rental value is £1,279 per month.
The apartment is within Edward Place, Kings Road, Reading, RG1.
Kings Road, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 5, Edward Place 240, Reading has 41 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated May 2020.
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.
Price Range & Condition
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, Edward Place 240, Reading is in very good condition we estimate a sale value of £223,286 and a rental value of £1,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,767 and a rental value of £1,190 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Edward Place 240, Reading has dropped by £5,676 (2.7%), while its estimated rental value has risen by £23 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Energy Efficiency
Flat 5, Edward Place 240, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 5, Edward Place 240, Reading was last sold on 16th August 2023 for £210,699 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since August 2023, the market for similar properties has dropped by 9.4%.
- Sold Aug 2023£210,699
- Sold Oct 1999£109,950
- Sold Jun 1999£84,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Edward Place 240, Reading within a radius of 340 metres over the last 2 years.
The most recent example is Flat 4, Shelley Court 46, London Road, Reading, RG1 5DG, a leasehold flat which sold for £210,000 on the 26th September 2025.
Read more about house prices in RG1.
- Sold Sep 2025£210,000 | 2 Bed FlatFlat 4, Shelley Court 46, London Road, Reading, RG1 5DGFlat 4, Shelley Court 46, London Road, Reading, RG1 5DG
- Sold Jun 2025£250,000 | 2 Bed FlatFlat 36, Shelley Court 46, London Road, Reading, RG1 5DGFlat 36, Shelley Court 46, London Road, Reading, RG1 5DG
- Sold May 2025£220,000 | 2 Bed FlatFlat 702, Hanover House 202, Kings Road, Reading, RG1 4NNFlat 702, Hanover House 202, Kings Road, Reading, RG1 4NN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Kings Road, Reading, RG1 has a total of 827 addresses. According to our analysis of all the public data, Flat 5, Edward Place 240, Reading is the 339th largest and the 475th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in RG1.
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Schools Nearby
- 300mSt John's Church of England Primary School
- 600mNew Town Primary School
- 1.0kmRedlands Primary School
- 600mKendrick School
- 600mReading School
- 1.3kmMaiden Erlegh School in Reading
More reading links
Public Transport Nearby
The closest station to Flat 5, Edward Place 240, Reading is Reading station, which is 1.2 kilometres away.
- 1.2kmReading
- 2.3kmReading West
- 3.0kmEarley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
