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Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 710, 55, Flagstaff Road, Reading is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 710, 55, Flagstaff Road, Reading is £403,022 and the estimated rental value is £1,824 per month.
The apartment is within 55, Flagstaff Road, Reading, RG2.
Flagstaff Road, Reading, RG2 is located within the RG2 postal district.
Flat 710, 55, Flagstaff Road, Reading has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated February 2024.
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.
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 710, 55, Flagstaff Road, Reading is in very good condition we estimate a sale value of £423,173 and a rental value of £1,915 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,810 and a rental value of £1,697 per month.
Over the last 12 months the sale value of Flat 710 55 Flagstaff Road Reading has decreased by an estimated £15,325 (3.8%) and its rental value has increased by an estimated £17 per month (0.9%), giving an expected gross yield of 5.4%.
Flat 710, 55, Flagstaff Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 710, 55, Flagstaff Road, Reading was last sold on 7th June 2024 for £460,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has dropped 25.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 710, 55, Flagstaff Road, Reading within a radius of 1.6 kilometres over the last 2 years.
The most recent example is Flat 810, 55, Flagstaff Road, Reading, RG2 6DJ, a leasehold flat which sold for £470,400 on the 13th June 2024.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Flagstaff Road, Reading, RG2 has a total of 580 addresses. According to our analysis of all the public data, Flat 710, 55, Flagstaff Road, Reading is the 80th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in RG2.
The closest station to Flat 710, 55, Flagstaff Road, Reading is Reading Green Park station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 710, 55, Flagstaff Road, Reading, % of property is and % is .
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 710, 55, Flagstaff Road, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 710, 55, Flagstaff Road, Reading, 0.0% 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 710, 55, Flagstaff Road, Reading, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
