Flat 57, 1
Flat 57, 1
Description & Estimates
Public records show Flat 57, 1, Nightingale Way, Reading to be a modern leasehold apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 57, 1, Nightingale Way, Reading has an estimated sale value of £242,290 and an estimated rental value of £1,212 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Nightingale Way, Reading, RG30.
Nightingale Way, Reading, RG30 lies within the RG30 postal district.
Our Data Sources
Flat 57, 1, Nightingale Way, Reading has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated June 2021.
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 57, 1, Nightingale Way, Reading would be worth £254,405, with a potential rental value of £1,272 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £225,330, with a rental value of £1,127 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 57, 1, Nightingale Way, Reading has decreased by £6,645 (2.7%) over the last year. During the same period, its estimated monthly rental value has grown by £22 (1.8%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 57, 1, Nightingale Way, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 57, 1, Nightingale Way, Reading last changed hands on 30th July 2021, selling for £235,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 14.4% since July 2021.
- Sold Jul 2021£235,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of Flat 57, 1, Nightingale Way, Reading across the last 2 years.
Most recently, Flat 92, 1, Nightingale Way, Reading, RG30 1EZ, a leasehold flat, sold at £245,000 on the 16th September 2022.
Read more about house prices in RG30.
•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 57, 1, Nightingale Way, Reading as the 181st largest and the 152nd most expensive of the 203 addresses on Nightingale Way, Reading, RG30.
Against the RG30 postcode district average, it is £89k less expensive than the typical property.
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Schools Nearby
- 600mWilson Primary School
- 700mBattle Primary Academy
- 800mOxford Road Community School
- 800mRiver Academy
- 1.5kmThe WREN School
- 1.8kmBlessed Hugh Faringdon Catholic School
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Public Transport Nearby
Reading West station is the nearest stop to Flat 57, 1, Nightingale Way, Reading at 700 metres away.
- 700mReading West
- 1.7kmReading
- 2.6kmTilehurst
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
