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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 7, Greengates, Reading is described in the public record as a modern apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 7, Greengates, Reading is £223,845 and its rental estimate is £1,122 per month, given the available information and assuming reasonable condition.
Greengates, Lundy Lane is a residential building on Lundy Lane, Reading, RG30 and falls within the RG30 postal district.
Flat 7, Greengates, Reading has no records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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, Greengates, Reading, we estimate a market value of £235,038 and a rental value of £1,178 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £208,176 and £1,043 per month respectively.
Over the last year, Flat 7, Greengates, Reading has seen its estimated sale value move down by £4,662 (2.1%) and its estimated rental value increase by £21 per month (1.9%). This results in an estimated gross rental yield of 6.0%.
Flat 7, Greengates, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 7, Greengates, Reading have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was Flat 8, Greengates, Lundy Lane, Reading, RG30 2RX, a leasehold flat which sold for £230,000.
Read more about house prices in RG30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on Lundy Lane, Reading, RG30, Flat 7, Greengates, Reading comes out as the 4th largest and the 13th most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the RG30 district.
From Flat 7, Greengates, Reading, the nearest station is Reading West, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Greengates, Reading, 39.3% of property is privately rented and 36.7% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 7, Greengates, Reading, 20.5% of residents are recorded as possessing school level qualifications and 39.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 7, Greengates, Reading, the average age was 36.7 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 7, Greengates, Reading, 0.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 7, Greengates, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
