Flat 7 3 Newark Street

    FLAT 7 3, NEWARK STREET, READING, RG1 2SR

    This flat/maisonette leasehold property on Newark Street last sold in June 2021 for £342,000. Based on price growth in the RG1 district since then, its estimated current value is £313,718 — placing it in the 52nd percentile nationally and the 58th percentile within RG1. The property covers 68 m² (732 sq ft), giving an estimated value of £4,614 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £342,000

    Jun 2021

    Estimated Valuation

    £313,718

    Est. £/sq ft

    £429/sq ft

    £4,614/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2019
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateDec 2020
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    4 Jun 2021

    New build

    £342,000

    Key Metrics

    Estimated valuation£313,718
    Value per sq ft / m²£429/sq ft (£4,614/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile58th percentile
    National percentile52nd percentile

    District Context — RG1

    RG1 covers central Reading, including the town centre and surrounding residential areas in Berkshire. It is a diverse, urban neighbourhood with strong rental activity and a younger demographic profile.

    Average Property Price - RG1

    £330,361

    51

    National percentile

    Average Net Household Income - RG1

    £22,316

    2

    National percentile

    10-Year Annualised Price Growth - RG1

    2.3%

    13

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG1

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