Flat 53, Hermitage
Flat 53, Hermitage
Description & Estimates
Public records show Flat 53, Hermitage, Reading to be a modern leasehold apartment with 721 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 53, Hermitage, Reading has an estimated sale value of £265,060 and an estimated rental value of £1,405 per month, assuming reasonable condition and based on the information available.
The apartment sits within Hermitage, Chatham Street, Reading, RG1.
Chatham Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 53, Hermitage, Reading has 3 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated April 2019.
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
In very good condition, we estimate Flat 53, Hermitage, Reading would be worth £278,313, with a potential rental value of £1,476 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £246,505, with a rental value of £1,307 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 53, Hermitage, Reading has declined by £6,764 (2.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £31 (2.2%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
Flat 53, Hermitage, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 53, Hermitage, Reading last changed hands on 30th June 2023, selling for £328,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 7.2% since June 2023.
- Sold Jun 2023£328,000
- Sold Sep 2016£342,000
- Sold Jul 2009£184,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of Flat 53, Hermitage, Reading across the last 2 years.
Most recently, Flat 22, Hermitage, Chatham Street, Reading, RG1 7LF, a leasehold flat, sold at £290,000 on the 1st September 2025.
Read more about house prices in RG1.
- Sold Sep 2025£290,000 | 2 Bed FlatHermitage, Chatham StreetFlat 22, Hermitage, Chatham Street, Reading, RG1 7LF
- Sold Jun 2025£237,500 | 2 Bed FlatHunsaker, Alfred StreetFlat 25, Hunsaker, Alfred Street, Reading, RG1 7AU
- Sold Aug 2023£325,000 | 2 Bed FlatHermitage, Chatham StreetFlat 5, Hermitage, Chatham Street, Reading, RG1 7LF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 53, Hermitage, Reading as the 38th largest and the 78th most expensive of the 117 addresses on Chatham Street, Reading, RG1.
Against the RG1 postcode district average, it is £31k less expensive than the typical property.
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Schools Nearby
- 200mCivitas Academy
- 500mOxford Road Community School
- 700mE P Collier Primary School
- 1.1kmRiver Academy
- 1.2kmKendrick School
- 1.7kmThe WREN School
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 53, Hermitage, Reading at 600 metres away.
- 600mReading
- 700mReading West
- 3.6kmReading Green Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
