Our Data Sources
Flat 5, The Picture House, Reading has 21 entries in the Land Registry, most recently in October 2024 and a single entry in the EPC database dated July 2023.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate Flat 5, The Picture House, Reading would be worth £236,560, with a potential rental value of £1,413 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £209,525, with a rental value of £1,252 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 5, The Picture House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
Flat 5, The Picture House, Reading last changed hands on 11th October 2024, selling for £260,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 14.5% since October 2024.
- Sold Oct 2024£260,000
- Sold Mar 2004£192,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 146 sales of comparable properties within 270 metres of Flat 5, The Picture House, Reading since 2014.
Most recently, Flat 401, Honister 20, Alfred Street, Reading, RG1 7AH, a leasehold flat, sold at £234,000 on the 18th November 2025.
Read more about house prices in RG1.
- Sold Nov 2025£234,000 | 2 Bed FlatFlat 401, Honister 20, Alfred Street, Reading, RG1 7AHFlat 401, Honister 20, Alfred Street, Reading, RG1 7AH
- Sold Nov 2025£230,000 | 2 Bed FlatFlat 301, Honister 20, Alfred Street, Reading, RG1 7AHFlat 301, Honister 20, Alfred Street, Reading, RG1 7AH
- Sold Jun 2025£237,500 | 2 Bed FlatFlat 25, Hunsaker, Alfred Street, Reading, RG1 7AUFlat 25, Hunsaker, Alfred Street, Reading, RG1 7AU
- Sold May 2025£310,000 | 2 Bed FlatFlat 501, Honister 20, Alfred Street, Reading, RG1 7AHFlat 501, Honister 20, Alfred Street, Reading, RG1 7AH
- Sold Mar 2025£250,000 | 2 Bed FlatFlat 47, Hayward, Chatham Place, Reading, RG1 7AZFlat 47, Hayward, Chatham Place, Reading, RG1 7AZ
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 £219,729, ranging from £184,013 to £240,030.
- Flat 10 The Picture House
2 Bed Flat | 0 m | Est. Value: £215,235
- Flat 15 The Picture House
2 Bed Flat | 0 m | Est. Value: £223,645
- Flat 43 The Picture House
2 Bed Flat | 0 m | Est. Value: £199,522
- Flat 31 The Picture House
2 Bed Flat | 0 m | Est. Value: £240,030
- Flat 6 The Picture House
2 Bed Flat | 0 m | Est. Value: £220,313
Location Comparison
Our analysis of the public data ranks Flat 5, The Picture House, Reading as the 35th largest and the 28th most expensive of the 99 addresses on Cheapside, Reading, RG1.
Against the RG1 postcode district average, it is £67k less expensive than the typical property.
More reading links
Schools Nearby
- Civitas Academy300 m away
- Oxford Road Community School600 m away
- Coley Primary School700 m away
- Kendrick School1.1 km away
- River Academy1.2 km away
- Reading School1.8 km away
More reading links
Public Transport Nearby
- Reading|500 m away
- Reading West|900 m away
- Reading Green Park|3.6 km away
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow or No Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.












