Flat 7, 1
Flat 7, 1
Description & Estimates
The public record describes Flat 7, 1, Chester Street, Reading as a modern apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 7, 1, Chester Street, Reading has an estimated sale value of £179,129 and an estimated rental value of £1,089 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Chester Street, Reading, RG30.
Chester Street, Reading, RG30 lies within the RG30 postal district.
Our Data Sources
Flat 7, 1, Chester Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 7, 1, Chester Street, Reading would be worth £188,086, with a potential rental value of £1,144 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £166,590, with a rental value of £1,013 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 7, 1, Chester Street, Reading has moved down by £3,731 (2.1%) over the last year. During the same period, its estimated monthly rental value has increased by £20 (1.9%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 7, 1, Chester Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Flat 7, 1, Chester Street, Reading across the last 2 years.
Most recently, Flat 4, 24-28, Chester Street, Reading, RG30 1LR, a leasehold flat, sold at £160,000 on the 10th May 2021.
Read more about house prices in RG30.
- Sold May 2021£160,000 | 2 Bed Flat24-28, Chester StreetFlat 4, 24-28, Chester Street, Reading, RG30 1LR
- Sold May 2021£180,000 | 2 Bed Flat24-28, Chester StreetFlat 1, 24-28, Chester Street, Reading, RG30 1LR
- Sold May 2021£180,000 | 2 Bed Flat24-28, Chester StreetFlat 2, 24-28, Chester Street, Reading, RG30 1LR
•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 7, 1, Chester Street, Reading as the 108th largest and the 112th most expensive of the 117 addresses on Chester Street, Reading, RG30.
Against the RG30 postcode district average, it is £152k less expensive than the typical property.
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Schools Nearby
- 300mWilson Primary School
- 500mBattle Primary Academy
- 1.0kmOxford Road Community School
- 1.1kmRiver Academy
- 1.3kmThe WREN School
- 1.5kmBlessed Hugh Faringdon Catholic School
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Public Transport Nearby
Reading West station is the nearest stop to Flat 7, 1, Chester Street, Reading at 800 metres away.
- 800mReading West
- 2.0kmReading
- 2.5kmTilehurst
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.
