3, THE BROOKMILL, READING, RG1 6DD - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THE BROOKMILL is a midsized flat of 53m², built sometime before 1900, which could now be worth an estimated £305,740. It was last sold for £285,000 in January 2021, which was around 36% above the average January 2021 flat price in the Reading local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

3 THE BROOKMILL Sold Prices

Land registry data shows six sales for 3 THE BROOKMILL since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Reading local authority area for the corresponding sale date. All of the six 3 THE BROOKMILL sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 28 JAN	£285,000	£210,023	36% above HPI
2017 27 JAN	£250,000	£219,788	14% above HPI
2010 26 NOV	£188,000	£147,255	28% above HPI
2005 24 MAR	£160,000	£141,882	13% above HPI
2002 5 NOV	£170,000	£124,862	36% above HPI
1999 4 JUN	£124,950	£66,316	88% above HPI

What might 3 THE BROOKMILL be worth now?

3 THE BROOKMILL might now be worth an estimated £305,740.

This is based on house price inflation of 7.3%, between January 2021 and May 2026, for flats, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.3% inflationary increase is applied to the most recent sale price for 3 THE BROOKMILL of £285,000 on 28th January 2021. For the value to have increased from £285,000 to £305,740 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 THE BROOKMILL has moved in line with the HPI for flats in the Reading local authority area.
• The January 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE BROOKMILL has not materially changed since January 2021.

How Large is 3 THE BROOKMILL?

3 THE BROOKMILL is 53m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of flats in Reading, based on EPC data. 40% of flats are smaller than 3 THE BROOKMILL, and 58% of flats are larger. Note that EPC data is not available for all properties in Reading.

3 THE BROOKMILL: Plot

3 THE BROOKMILL sits on a plot of roughly 4.7 acres, or 19,030m².

Where is 3 THE BROOKMILL?

3 THE BROOKMILL is located in READING, in the RG1 postcode district.