Flat 2 40 Redlands Road

    FLAT 2 40, REDLANDS ROAD, READING, RG1 5HE

    This flat/maisonette leasehold property on Redlands Road last sold in September 2014 for £158,000. Based on price growth in the RG1 district since then, its estimated current value is £192,404 — placing it in the 23rd percentile nationally and the 16th percentile within RG1. The property covers 36 m² (388 sq ft), giving an estimated value of £5,345 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £158,000

    Sept 2014

    Estimated Valuation

    £192,404

    Est. £/sq ft

    £497/sq ft

    £5,345/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area388 sq ft (36 m²)
    EPC dateDec 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Sept 2014

    £158,000

    19 Aug 2011

    £139,950

    21 Feb 2007

    £133,000

    Key Metrics

    Estimated valuation£192,404
    Value per sq ft / m²£497/sq ft (£5,345/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile16th percentile
    National percentile23rd 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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