Flat 6, 1
Flat 6, 1
Description & Estimates
Public records show Flat 6, 1, Duke Street, Reading to be a modern leasehold apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 6, 1, Duke Street, Reading has an estimated sale value of £279,548 and an estimated rental value of £1,401 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Duke Street, Reading, RG1.
Duke Street, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 6, 1, Duke Street, Reading has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated October 2021.
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
In very good condition, we estimate Flat 6, 1, Duke Street, Reading would be worth £293,526, with a potential rental value of £1,471 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £259,980, with a rental value of £1,303 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 6, 1, Duke Street, Reading has dropped by £7,461 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £25 (1.8%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 6, 1, Duke Street, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, electric.
Sold Prices
Flat 6, 1, Duke Street, Reading last changed hands on 2nd September 2022, selling for £300,000. 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 13.9% since September 2022.
- Sold Sep 2022£300,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat 6, 1, Duke Street, Reading across the last 2 years.
Most recently, Flat 9, 1, Station Road, Reading, RG1 1LH, a leasehold flat, sold at £285,000 on the 19th January 2023.
Read more about house prices in RG1.
•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 6, 1, Duke Street, Reading as the 18th largest and the 7th most expensive of the 117 addresses on Duke Street, Reading, RG1.
Against the RG1 postcode district average, it is £17k less expensive than the typical property.
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Schools Nearby
- 600mKatesgrove Primary School
- 800mColey Primary School
- 900mCivitas Academy
- 500mKendrick School
- 1.2kmReading School
- 1.8kmRiver Academy
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 6, 1, Duke Street, Reading at 400 metres away.
- 400mReading
- 1.5kmReading West
- 3.8kmReading Green Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
