Flat 8 40 London Road

    FLAT 8 40, LONDON ROAD, READING, RG1 5AG

    This flat/maisonette leasehold property on London Road last sold in June 2022 for £300,000. Based on price growth in the RG1 district since then, its estimated current value is £236,825 — placing it in the 34th percentile nationally and the 31st percentile within RG1. The property covers 72 m² (775 sq ft), giving an estimated value of £3,289 per m². The EPC rating is E, with a potential rating of E.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £300,000

    Jun 2022

    Estimated Valuation

    £236,825

    Est. £/sq ft

    £306/sq ft

    £3,289/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age1900
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentE
    EPC potentialE
    Floor area775 sq ft (72 m²)
    EPC dateJun 2017
    WallsAverage thermal transmittance 0.49 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    20 Jun 2022

    £300,000

    3 Nov 2017

    New build

    £355,000

    Key Metrics

    Estimated valuation£236,825
    Value per sq ft / m²£306/sq ft (£3,289/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile31st percentile
    National percentile34th 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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