Flat 7, 125 Road
Flat 7, 125 Road
Description & Estimates
The public record describes Flat 7, 125 Road, Reading as a period apartment with 161 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 7, 125 Road, Reading has an estimated sale value of £98,940 and an estimated rental value of £652 per month, assuming reasonable condition and based on the information available.
The apartment sits within 125, London Road, Reading, RG1.
London Road, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 7, 125 Road, 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, 125 Road, Reading would be worth £103,887, with a potential rental value of £685 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £92,014, with a rental value of £606 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, 125 Road, Reading has declined by £1,200 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £21 (3.2%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
Flat 7, 125 Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 360 metres of Flat 7, 125 Road, Reading across the last 2 years.
Most recently, Flat 12A, Foley Hall 58-60, London Road, Reading, RG1 5AS, a leasehold flat, sold at £83,000 on the 8th March 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 7, 125 Road, Reading as the 505th largest and the 505th most expensive of the 508 addresses on London Road, Reading, RG1.
Against the RG1 postcode district average, it is £197k less expensive than the typical property.
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Schools Nearby
- 200mSt John's Church of England Primary School
- 500mNew Town Primary School
- 700mRedlands Primary School
- 500mReading School
- 900mKendrick School
- 1.0kmMaiden Erlegh School in Reading
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Public Transport Nearby
Reading station is the nearest stop to Flat 7, 125 Road, Reading at 1.5 kilometres away.
- 1.5kmReading
- 2.7kmEarley
- 2.7kmReading West
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
