FLAT E, 2, HEMDEAN ROAD, CAVERSHAM, READING, RG4 7SX - £265,000

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 E 2 HEMDEAN ROAD is a large flat of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £278,460. It was last sold for £265,000 in February 2021, which was around 24% above the average February 2021 flat price in the Reading local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was D.

FLAT E 2 HEMDEAN ROAD Sold Prices

Land registry data shows two sales for FLAT E 2 HEMDEAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Reading local authority area for the corresponding sale date. One of the two FLAT E 2 HEMDEAN ROAD sales was for above the average price, whilst the other was 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
2021 2 FEB	£265,000	£214,416	24% above HPI
2009 30 SEP	£135,000	£142,111	5% below HPI

What might FLAT E 2 HEMDEAN ROAD be worth now?

FLAT E 2 HEMDEAN ROAD might now be worth an estimated £278,460.

This is based on house price inflation of 5.1%, between February 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 5.1% inflationary increase is applied to the most recent sale price for FLAT E 2 HEMDEAN ROAD of £265,000 on 2nd February 2021. For the value to have increased from £265,000 to £278,460 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of FLAT E 2 HEMDEAN ROAD has moved in line with the HPI for flats in the Reading local authority area.
• The February 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT E 2 HEMDEAN ROAD has not materially changed since February 2021.

How Large is FLAT E 2 HEMDEAN ROAD?

FLAT E 2 HEMDEAN ROAD is 73m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of flats in Caversham, based on EPC data. 78% of flats are smaller than FLAT E 2 HEMDEAN ROAD, and 21% of flats are larger. Note that EPC data is not available for all properties in Caversham.

FLAT E 2 HEMDEAN ROAD: Plot

FLAT E 2 HEMDEAN ROAD sits on a plot of roughly 0.053 of an acre, or 213m².

Where is FLAT E 2 HEMDEAN ROAD?

FLAT E, 2 HEMDEAN ROAD is located in CAVERSHAM, in the RG4 postcode district.