Flat 8, Greengates
Flat 8, Greengates
Description & Estimates
According to the public record, Flat 8, Greengates, Reading is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, Greengates, Reading is £221,862 and the estimated rental value is £1,113 per month.
The apartment is within Greengates, Lundy Lane, Reading, RG30.
Lundy Lane, Reading, RG30 is located within the RG30 postal district.
Our Data Sources
Flat 8, Greengates, Reading has 31 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated August 2023.
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 8, Greengates, Reading is in very good condition we estimate a sale value of £232,955 and a rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,331 and a rental value of £1,035 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 8, Greengates, Reading has decreased by £4,621 (2.1%), while its estimated rental value has grown by £21 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 8, Greengates, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 8, Greengates, Reading was last sold on 27th September 2024 for £230,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2024, the market for similar properties has risen by 13.7%.
- Sold Sep 2024£230,000
- Sold Sep 2021£225,000
- Sold Oct 2003£150,000
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 8, Greengates, Reading within a radius of 450 metres over the last 2 years.
The most recent example is Flat 4, Greengates, Lundy Lane, Reading, RG30 2RX, a leasehold flat which sold for £230,000 on the 11th August 2023.
Read more about house prices in RG30.
- Sold Aug 2023£230,000 | 2 Bed FlatGreengates, Lundy LaneFlat 4, Greengates, Lundy Lane, Reading, RG30 2RX
- Sold Nov 2021£220,000 | 2 Bed FlatGreengates, Lundy LaneFlat 9, Greengates, Lundy Lane, Reading, RG30 2RX
- Sold Sep 2021£220,000 | 2 Bed FlatGreengates, Lundy LaneFlat 10, Greengates, Lundy Lane, Reading, RG30 2RX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lundy Lane, Reading, RG30 has a total of 34 addresses. According to our analysis of all the public data, Flat 8, Greengates, Reading is the 6th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in RG30.
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Schools Nearby
- 300mWilson Primary School
- 500mBattle Primary Academy
- 900mRanikhet Academy
- 900mThe WREN School
- 1.1kmBlessed Hugh Faringdon Catholic School
- 1.2kmKing's Academy Prospect
More reading links
Public Transport Nearby
The closest station to Flat 8, Greengates, Reading is Reading West station, which is 1.0 kilometres away.
- 1.0kmReading West
- 2.4kmReading
- 2.6kmTilehurst
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.
