Flat 7, 118
Flat 7, 118
Description & Estimates
Flat 7, 118, Chatham Street, Reading is described in the public record as a modern apartment with 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 7, 118, Chatham Street, Reading is £276,029 and its rental estimate is £1,362 per month, given the available information and assuming reasonable condition.
118, Chatham Street is a residential building on Chatham Street, Reading, RG1 and falls within the RG1 postal district.
Our Data Sources
Flat 7, 118, Chatham Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 7, 118, Chatham Street, Reading, we estimate a market value of £289,831 and a rental value of £1,430 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £256,707 and £1,267 per month respectively.
Recent Market Change
Over the last year, Flat 7, 118, Chatham Street, Reading has seen its estimated sale value move down by £7,044 (2.6%) and its estimated rental value increase by £30 per month (2.2%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Flat 7, 118, Chatham Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jun 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, 118, Chatham Street, Reading have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2024, was Flat 15, 118, Chatham Street, Reading, RG1 7HT, a leasehold flat which sold for £230,000.
Read more about house prices in RG1.
- Sold Oct 2024£230,000 | 2 Bed Flat118, Chatham StreetFlat 15, 118, Chatham Street, Reading, RG1 7HT
- Sold Aug 2024£270,000 | 2 Bed Flat118, Chatham StreetFlat 4, 118, Chatham Street, Reading, RG1 7HT
- Sold Apr 2024£220,000 | 2 Bed FlatHermitage, Chatham StreetFlat 39, Hermitage, Chatham Street, Reading, RG1 7LF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 117 addresses on Chatham Street, Reading, RG1, Flat 7, 118, Chatham Street, Reading comes out as the 66th largest and the 51st most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the RG1 district.
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Schools Nearby
- 200mCivitas Academy
- 300mOxford Road Community School
- 700mAll Saints Church of England Aided Infant School
- 1.0kmRiver Academy
- 1.4kmKendrick School
- 1.6kmThe WREN School
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Public Transport Nearby
From Flat 7, 118, Chatham Street, Reading, the nearest station is Reading West, 500 metres away.
- 500mReading West
- 800mReading
- 3.5kmReading Green Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
