FLAT 2, 48, EASTERN AVENUE, READING, RG1 5RY - £215,000

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.

FLAT 2 48 EASTERN AVENUE is a very large extended flat of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £339,496. It was last sold for £215,000 in December 2009, which was around 51% above the average December 2009 flat price in the Reading local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

FLAT 2 48 EASTERN AVENUE Sold Prices

Land registry data shows four sales for FLAT 2 48 EASTERN AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Reading local authority area for the corresponding sale date. All of the four FLAT 2 48 EASTERN AVENUE 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
2009 18 DEC	£215,000	£142,685	51% above HPI
2008 13 FEB	£230,000	£168,808	36% above HPI
2006 9 MAR	£169,950	£142,364	19% above HPI
1998 11 SEP	£108,000	£60,793	78% above HPI

What might FLAT 2 48 EASTERN AVENUE be worth now?

FLAT 2 48 EASTERN AVENUE might now be worth an estimated £339,496.

This is based on house price inflation of 57.9%, between December 2009 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 57.9% inflationary increase is applied to the most recent sale price for FLAT 2 48 EASTERN AVENUE of £215,000 on 18th December 2009. For the value to have increased from £215,000 to £339,496 over the seventeen years and seven months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 48 EASTERN AVENUE has moved in line with the HPI for flats in the Reading local authority area.
• The December 2009 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 48 EASTERN AVENUE has not materially changed since December 2009.

How Large is FLAT 2 48 EASTERN AVENUE?

FLAT 2 48 EASTERN AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of flats in Reading, based on EPC data. 97% of flats are smaller than FLAT 2 48 EASTERN AVENUE, and 3% of flats are larger. Note that EPC data is not available for all properties in Reading.

FLAT 2 48 EASTERN AVENUE: Plot

FLAT 2 48 EASTERN AVENUE sits on a plot of roughly 0.151 of an acre, or 612m².

Where is FLAT 2 48 EASTERN AVENUE?

FLAT 2, 48 EASTERN AVENUE is located in READING, in the RG1 postcode district.