Our Data Sources
Flat 5, Summit House 49-51, Reading has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Summit House 49-51, Reading is in very good condition we estimate a sale value of £198,140 and a rental value of £1,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,495 and a rental value of £1,038 per month.
Energy Efficiency
Flat 5, Summit House 49-51, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using room heaters (electric).
Sold Prices
According to HM Land Registry, Flat 5, Summit House 49-51, Reading was last sold on 23rd August 2016 for £242,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2016, the market for similar properties has dropped by 21.0%.
- Sold Aug 2016£242,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 122 sales of properties similar to Flat 5, Summit House 49-51, Reading within a radius of 330 metres since 2016.
The most recent example is Flat 2, 40, Caversham Road, Reading, RG1 7EB, a leasehold flat which sold for £4,104,000 on the 21st March 2025.
Read more about house prices in RG1.
- Sold Mar 2025£4,104,000 | 2 Bed FlatFlat 2, 40, Caversham Road, Reading, RG1 7EBFlat 2, 40, Caversham Road, Reading, RG1 7EB
- Sold Oct 2024£175,000 | 1 Bed FlatFlat 20, Summit House 49-51, Greyfriars Road, Reading, RG1 1PAFlat 20, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA
- Sold Mar 2022£198,000 | 1 Bed Flat3, Tanfields, Reading, RG1 1NX3, Tanfields, Reading, RG1 1NX
- Sold Dec 2020£200,000 | 1 Bed FlatFlat 6, Summit House 49-51, Greyfriars Road, Reading, RG1 1PAFlat 6, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA
- Sold Aug 2019£210,000 | 1 Bed FlatFlat 14, 7-11, Station Road, Reading, RG1 1LGFlat 14, 7-11, Station Road, Reading, RG1 1LG
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £188,689, ranging from £174,046 to £231,736.
- Flat 6, Summit House 49-51 Greyfriars Road
1 Bed Flat | 0 m | Est. Value: £188,705
- Flat 22, Summit House 49-51 Greyfriars Road
2 Bed Flat | 0 m | Est. Value: £231,736
- Flat 10, Summit House 49-51 Greyfriars Road
1 Bed Flat | 0 m | Est. Value: £179,062
- Flat 4, Summit House 49-51 Greyfriars Road
1 Bed Flat | 0 m | Est. Value: £186,339
- Flat 18, Summit House 49-51 Greyfriars Road
1 Bed Flat | 0 m | Est. Value: £174,046
Location Comparison
Greyfriars Road, Reading, RG1 has a total of 166 addresses. According to our analysis of all the public data, Flat 5, Summit House 49-51, Reading is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in RG1.
More reading links
Schools Nearby
- Civitas Academy400 m away
- E P Collier Primary School400 m away
- Oxford Road Community School800 m away
- River Academy1.1 km away
- Kendrick School1.1 km away
- Reading School1.9 km away
More reading links
Public Transport Nearby
- Reading|300 m away
- Reading West|1.1 km away
- Reading Green Park|3.9 km away
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow or No Broadband available in this area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
