Flat 7, Queens Gate
Flat 7, Queens Gate
Description & Estimates
According to the public record, Flat 7, Queens Gate, Wokingham is a modern leasehold apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, Queens Gate, Wokingham is £410,892 and the estimated rental value is £1,615 per month.
The apartment is within Queens Gate, Wellington Road, Wokingham, RG40.
Wellington Road, Wokingham, RG40 is located within the RG40 postal district.
Our Data Sources
Flat 7, Queens Gate, Wokingham has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that 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.
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 7, Queens Gate, Wokingham is in very good condition we estimate a sale value of £431,436 and a rental value of £1,695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,129 and a rental value of £1,502 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, Queens Gate, Wokingham has dropped by £17,523 (4.3%), while its estimated rental value has fallen by £11 per month (0.7%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
Flat 7, Queens Gate, Wokingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
Sold Prices
According to HM Land Registry, Flat 7, Queens Gate, Wokingham was last sold on 29th November 2017 for £454,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2017, the market for similar properties has dropped by 8.1%.
- Sold Nov 2017£454,000
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 7, Queens Gate, Wokingham within a radius of 510 metres over the last 2 years.
The most recent example is Flat 24, Queens Gate, Wellington Road, Wokingham, RG40 2DS, a leasehold flat which sold for £385,000 on the 25th August 2023.
Read more about house prices in RG40.
- Sold Aug 2023£385,000 | 3 Bed FlatQueens Gate, Wellington RoadFlat 24, Queens Gate, Wellington Road, Wokingham, RG40 2DS
- Sold Jan 2023£380,000 | 3 Bed FlatQueens Gate, Wellington RoadFlat 11, Queens Gate, Wellington Road, Wokingham, RG40 2DS
- Sold Nov 2017£448,950 | 3 Bed FlatQueens Gate, Wellington RoadFlat 30, Queens Gate, Wellington Road, Wokingham, RG40 2DS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Wellington Road, Wokingham, RG40 has a total of 93 addresses. According to our analysis of all the public data, Flat 7, Queens Gate, Wokingham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in RG40.
More reading links
Schools Nearby
- 600mWalter Infant School
- 600mSt Paul's CofE Junior School
- 900mSt Teresa's Catholic Academy
- 800mThe Holt School
- 1.3kmSt Crispin's School
- 1.5kmThe Emmbrook School
More reading links
Public Transport Nearby
The closest station to Flat 7, Queens Gate, Wokingham is Wokingham station, which is 200 metres away.
- 200mWokingham
- 3.4kmWinnersh
- 4.6kmWinnersh Triangle
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
