56 New Bright Street

    56, NEW BRIGHT STREET, READING, RG1 6QQ

    This flat/maisonette leasehold property on New Bright Street last sold in September 2022 for £355,000. Based on price growth in the RG1 district since then, its estimated current value is £280,244 — placing it in the 45th percentile nationally and the 45th percentile within RG1. The property covers 72 m² (775 sq ft), giving an estimated value of £3,892 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £355,000

    Sept 2022

    Estimated Valuation

    £280,244

    Est. £/sq ft

    £362/sq ft

    £3,892/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialD
    Floor area775 sq ft (72 m²)
    EPC dateMay 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    9 Sept 2022

    £355,000

    10 Dec 2004

    £200,000

    7 Apr 1995

    £68,250

    Key Metrics

    Estimated valuation£280,244
    Value per sq ft / m²£362/sq ft (£3,892/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile45th percentile
    National percentile45th 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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