Flat 5 Edward Place, 240 Kings Road

    FLAT 5 EDWARD PLACE, 240, KINGS ROAD, READING, RG1 4NY

    This flat/maisonette leasehold property on Kings Road last sold in August 2023 for £210,699. Based on price growth in the RG1 district since then, its estimated current value is £166,243 — placing it in the 16th percentile nationally and the 9th percentile within RG1. The property covers 55 m² (592 sq ft), giving an estimated value of £3,023 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £210,699

    Aug 2023

    Estimated Valuation

    £166,243

    Est. £/sq ft

    £281/sq ft

    £3,023/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Aug 2023

    £210,699

    29 Oct 1999

    £109,950

    23 Jun 1999

    £84,950

    1 Jul 1996

    New build

    £62,500

    Key Metrics

    Estimated valuation£166,243
    Value per sq ft / m²£281/sq ft (£3,023/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile9th percentile
    National percentile16th 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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