Flat 7, The Faculty 23-27
Flat 7, The Faculty 23-27
Description & Estimates
The public record describes Flat 7, The Faculty 23-27, Reading as a modern apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 7, The Faculty 23-27, Reading has an estimated sale value of £131,838 and an estimated rental value of £847 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Faculty, London Road, Reading, RG1.
London Road, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 7, The Faculty 23-27, Reading has no records in the the Land Registry and a single entry in the EPC database dated October 2018.
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, The Faculty 23-27, Reading would be worth £138,430, with a potential rental value of £890 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £122,609, with a rental value of £788 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, The Faculty 23-27, Reading has dropped by £1,599 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £27 (3.2%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
Flat 7, The Faculty 23-27, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 310 metres of Flat 7, The Faculty 23-27, Reading across the last 2 years.
Most recently, Flat 2, 4, Kendrick Road, Reading, RG1 5DN, a leasehold flat, sold at £84,000 on the 18th December 2009.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 7, The Faculty 23-27, Reading as the 394th largest and the 448th most expensive of the 508 addresses on London Road, Reading, RG1.
Against the RG1 postcode district average, it is £164k less expensive than the typical property.
More reading links
Schools Nearby
- 400mKatesgrove Primary School
- 800mNew Christ Church Church of England Primary School
- 800mColey Primary School
- 200mKendrick School
- 900mReading School
- 1.7kmReading Girls' School
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 7, The Faculty 23-27, Reading at 900 metres away.
- 900mReading
- 1.7kmReading West
- 3.5kmEarley
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.
