Flat 5 40 Redlands Road

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

    This flat/maisonette leasehold property on Redlands Road last sold in February 2014 for £125,000. Based on price growth in the RG1 district since then, its estimated current value is £152,219 — placing it in the 13th percentile nationally and the 6th percentile within RG1. The property covers 38 m² (409 sq ft), giving an estimated value of £4,006 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £125,000

    Feb 2014

    Estimated Valuation

    £152,219

    Est. £/sq ft

    £372/sq ft

    £4,006/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateJul 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Feb 2014

    £125,000

    28 Sept 2007

    £126,950

    7 Mar 1997

    £42,000

    Key Metrics

    Estimated valuation£152,219
    Value per sq ft / m²£372/sq ft (£4,006/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile6th percentile
    National percentile13th 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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