Flat 2 24 London Road

    FLAT 2 24, LONDON ROAD, READING, RG1 5AG

    This flat/maisonette leasehold property on London Road last sold in May 2021 for £320,000. Based on price growth in the RG1 district since then, its estimated current value is £293,538 — placing it in the 48th percentile nationally and the 50th percentile within RG1. The property covers 60 m² (646 sq ft), giving an estimated value of £4,892 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £320,000

    May 2021

    Estimated Valuation

    £293,538

    Est. £/sq ft

    £454/sq ft

    £4,892/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age1900
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialD
    Floor area646 sq ft (60 m²)
    EPC dateJan 2018
    WallsAverage thermal transmittance 0.30 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    7 May 2021

    £320,000

    23 Mar 2018

    New build

    £325,000

    Key Metrics

    Estimated valuation£293,538
    Value per sq ft / m²£454/sq ft (£4,892/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile50th percentile
    National percentile48th 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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