FLAT 4, 48, EASTERN AVENUE, READING, RG1 5RY - £230,000

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 4 48 EASTERN AVENUE is a large extended flat of 66m², built sometime before 1900, which could now be worth an estimated £239,590. It was last sold for £230,000 in June 2021, which was around 6% above the average June 2021 flat price in the Reading local authority area. The most recent EPC inspection was November 2012, where the current energy rating was F, and the potential energy rating was D.

FLAT 4 48 EASTERN AVENUE Sold Prices

Land registry data shows five sales for FLAT 4 48 EASTERN AVENUE 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. Most of the five FLAT 4 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
2021 29 JUN	£230,000	£216,289	6% above HPI
2016 21 OCT	£210,000	£223,967	6% below HPI
2013 8 MAR	£165,000	£149,537	10% above HPI
2004 17 SEP	£145,000	£140,671	3% above HPI
1996 19 JUL	£52,500	£44,510	18% above HPI

What might FLAT 4 48 EASTERN AVENUE be worth now?

FLAT 4 48 EASTERN AVENUE might now be worth an estimated £239,590.

This is based on house price inflation of 4.2%, between June 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 4.2% inflationary increase is applied to the most recent sale price for FLAT 4 48 EASTERN AVENUE of £230,000 on 29th June 2021. For the value to have increased from £230,000 to £239,590 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of FLAT 4 48 EASTERN AVENUE has moved in line with the HPI for flats in the Reading local authority area.
• The June 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 48 EASTERN AVENUE has not materially changed since June 2021.

How Large is FLAT 4 48 EASTERN AVENUE?

FLAT 4 48 EASTERN AVENUE is 66m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of flats in Reading, based on EPC data. 72% of flats are smaller than FLAT 4 48 EASTERN AVENUE, and 26% of flats are larger. Note that EPC data is not available for all properties in Reading.

FLAT 4 48 EASTERN AVENUE: Plot

FLAT 4 48 EASTERN AVENUE sits on a plot of roughly 0.151 of an acre, or 612m².

Where is FLAT 4 48 EASTERN AVENUE?

FLAT 4, 48 EASTERN AVENUE is located in READING, in the RG1 postcode district.