7, BERSTEAD CLOSE, LOWER EARLEY, READING, RG6 4DE - £37,000

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.

7 BERSTEAD CLOSE is a very small flat of 24m², built sometime between 1983 and 1990, which could now be worth an estimated £124,033. It was last sold for £37,000 in December 1998, which was around 50% below the average December 1998 flat price in the Wokingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

7 BERSTEAD CLOSE Sold Prices

Land registry data shows two sales for 7 BERSTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Wokingham local authority area for the corresponding sale date. Both of the two 7 BERSTEAD CLOSE sales were for below 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
1998 3 DEC	£37,000	£73,742	50% below HPI
1996 23 DEC	£33,000	£56,605	42% below HPI

What might 7 BERSTEAD CLOSE be worth now?

7 BERSTEAD CLOSE might now be worth an estimated £124,033.

This is based on house price inflation of 235.2%, between December 1998 and May 2026, for flats, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 235.2% inflationary increase is applied to the most recent sale price for 7 BERSTEAD CLOSE of £37,000 on 3rd December 1998. For the value to have increased from £37,000 to £124,033 over the 28 years and seven months to May 2026, the following assumptions must hold true:

• The value of 7 BERSTEAD CLOSE has moved in line with the HPI for flats in the Wokingham local authority area.
• The December 1998 sale price of £37,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BERSTEAD CLOSE has not materially changed since December 1998.

How Large is 7 BERSTEAD CLOSE?

7 BERSTEAD CLOSE is 24m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of flats in Reading, based on EPC data. 1% of flats are smaller than 7 BERSTEAD CLOSE, and 99% of flats are larger. Note that EPC data is not available for all properties in Reading.

7 BERSTEAD CLOSE: Plot

7 BERSTEAD CLOSE sits on a plot of roughly 3.6 acres, or 14,472m².

Where is 7 BERSTEAD CLOSE?

7 BERSTEAD CLOSE is located in LOWER EARLEY, in the RG6 postcode district.