Flat 6, 31
Flat 6, 31
Description & Estimates
According to the public record, Flat 6, 31, Russell Street, Reading is a modern apartment with 279 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 6, 31, Russell Street, Reading is £133,228 and the estimated rental value is £878 per month.
The apartment is within 31, Russell Street, Reading, RG1.
Russell Street, Reading, RG1 is located within the RG1 postal district.
Our Data Sources
Flat 6, 31, Russell Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 6, 31, Russell Street, Reading is in very good condition we estimate a sale value of £139,889 and a rental value of £922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,902 and a rental value of £817 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 6, 31, Russell Street, Reading has dropped by £1,616 (1.2%), while its estimated rental value has risen by £28 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Energy Efficiency
Flat 6, 31, Russell Street, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 31, Russell Street, Reading within a radius of 340 metres over the last 2 years.
The most recent example is Flat 3, 38, Waylen Street, Reading, RG1 7UR, a leasehold flat which sold for £130,000 on the 13th June 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
Russell Street, Reading, RG1 has a total of 213 addresses. According to our analysis of all the public data, Flat 6, 31, Russell Street, Reading is the 199th largest and the 211th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in RG1.
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Schools Nearby
- 400mOxford Road Community School
- 400mCivitas Academy
- 500mAll Saints Church of England Aided Infant School
- 1.3kmKendrick School
- 1.3kmRiver Academy
- 1.4kmThe WREN School
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Public Transport Nearby
The closest station to Flat 6, 31, Russell Street, Reading is Reading West station, which is 600 metres away.
- 600mReading West
- 900mReading
- 3.2kmReading Green Park
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
