Flat 78A, Tean House
Flat 78A, Tean House
Description & Estimates
Public records show Flat 78A, Tean House, Reading to be a modern leasehold apartment with 850 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 78A, Tean House, Reading has an estimated sale value of £258,919 and an estimated rental value of £1,597 per month, assuming reasonable condition and based on the information available.
The apartment sits within Tean House, Havergate Way, Reading, RG2.
Havergate Way, Reading, RG2 lies within the RG2 postal district.
Our Data Sources
Flat 78A, Tean House, Reading has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated November 2019.
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
In very good condition, we estimate Flat 78A, Tean House, Reading would be worth £271,865, with a potential rental value of £1,677 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £240,795, with a rental value of £1,486 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 78A, Tean House, Reading has dropped by £8,876 (3.4%) over the last year. During the same period, its estimated monthly rental value has risen by £9 (0.5%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 78A, Tean House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 78A, Tean House, Reading last changed hands on 26th July 2019, selling for £337,548. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 4.6% since July 2019.
- Sold Jul 2019£337,548
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of Flat 78A, Tean House, Reading across the last 2 years.
Most recently, Flat 101, Heron House, Rushley Way, Reading, RG2 0GJ, a leasehold flat, sold at £260,000 on the 14th June 2024.
Read more about house prices in RG2.
- Sold Jun 2024£260,000 | 2 Bed FlatHeron House, Rushley WayFlat 101, Heron House, Rushley Way, Reading, RG2 0GJ
- Sold May 2024£265,000 | 2 Bed Flat2, Gweal AvenueFlat 6, 2, Gweal Avenue, Reading, RG2 0FW
- Sold Jan 2024£280,000 | 2 Bed Flat11, Lindisfarne WayFlat 6, 11, Lindisfarne Way, Reading, RG2 0GS
•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 78A, Tean House, Reading as the 19th largest and the 33rd most expensive of the 122 addresses on Havergate Way, Reading, RG2.
Against the RG2 postcode district average, it is £115k less expensive than the typical property.
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Schools Nearby
- 600mWhitley Park Primary and Nursery School
- 1.3kmThe Palmer Primary Academy
- 1.3kmChrist The King Catholic Primary School
- 1.1kmHartland High School
- 1.1kmReading Girls' School
- 2.4kmKendrick School
More reading links
Public Transport Nearby
Reading Green Park station is the nearest stop to Flat 78A, Tean House, Reading at 1.7 kilometres away.
- 1.7kmReading Green Park
- 3.0kmReading West
- 3.1kmReading
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.
