2, THE BROOKMILL, READING, RG1 6DD - £400,000

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.

2 THE BROOKMILL is a very large flat of 129m², built sometime before 1900, which could now be worth an estimated £426,235. It was last sold for £400,000 in July 2019, which was around 89% above the average July 2019 flat price in the Reading local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

2 THE BROOKMILL Sold Prices

Land registry data shows five sales for 2 THE BROOKMILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Reading local authority area for the corresponding sale date. All of the five 2 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
2019 30 JUL	£400,000	£211,439	89% above HPI
2017 29 SEP	£411,500	£232,487	77% above HPI
2012 20 DEC	£292,500	£149,101	96% above HPI
2010 23 SEP	£299,950	£147,273	104% above HPI
2006 4 DEC	£290,000	£156,865	85% above HPI

What might 2 THE BROOKMILL be worth now?

2 THE BROOKMILL might now be worth an estimated £426,235.

This is based on house price inflation of 6.6%, between July 2019 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 6.6% inflationary increase is applied to the most recent sale price for 2 THE BROOKMILL of £400,000 on 30th July 2019. For the value to have increased from £400,000 to £426,235 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 2 THE BROOKMILL has moved in line with the HPI for flats in the Reading local authority area.
• The July 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE BROOKMILL has not materially changed since July 2019.

How Large is 2 THE BROOKMILL?

2 THE BROOKMILL is 129m² according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of flats in Reading, based on EPC data. 99% of flats are smaller than 2 THE BROOKMILL, and 1% of flats are larger. Note that EPC data is not available for all properties in Reading.

2 THE BROOKMILL: Plot

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

Where is 2 THE BROOKMILL?

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