Flat 1405, Hewitt, 40 Alfred Street, Reading, RG1 7LY is a leasehold flat built between 2012-2021. The property offers approximately 452 square feet of living space and is situated on the 14th floor of a 18-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £167,198 , which equates to approximately £370 per square foot. It was last sold on 22 Mar 2016 for £156,933. Since then, the value has increased by £10,265, representing a 6.5% increase, or approximately 0.7% per year.

The current estimated value of £167,198 is:

  • 32.6% lower than the average property price on Alfred Street
  • 28.0% lower than the average in the RG1 7LY postcode area
  • and 56.5% lower than the average price for Reading as a whole

At the most recent EPC inspection on 29 October 2025, the property was recorded as rented.

View sold house prices in RG1 7LY

Building approximate location

About Property

Type
Flat
Built
2012-2021
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
14th floor of 18
Price (estimate)
£167,198
Price Per sq ft (estimate)
£370
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1405, Hewitt, 40 Alfred Street, Reading, RG1 7LY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Oct 2025.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Oct 2015, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 12.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from good to average, while the heating system type remained the same (community scheme).
  • The hot water system was changed from community scheme with chp to community scheme, with its energy efficiency changing from very good to average.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.22 w/m-¦k to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was changed from low energy lighting in all fixed outlets to excellent lighting efficiency, with no change in efficiency (very good).
Heating Type
Community scheme
Average
Hot Water
Community scheme
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Excellent lighting efficiency
Very Good

Compared to RG1 7LY

60 th / 67
Price Rank
28% lower than average
61 st / 67
Size Rank
20% smaller than average
49 th / 67
Price Per Sq FT Rank
9% lower than average

Compared to other properties in RG1 7LY , this flat's estimated value ranks 60th out of 67. Based on price per square foot, it ranks 49th out of 67 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 61th out of 67 properties in its postcode area.

Sale History

Today
£167,198
streetscan.co.uk estimate
+7 %
22 Mar 2016
£156,933
Leasehold
+12.3 %
15 Dec 2015
£139,723
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £164,145
sale date: 13 Oct 2016
rooms: 2
size: 420 sq ft
sale price: £165,574
sale date: 24 Mar 2016
rooms: 2
size: 484 sq ft
sale price: £177,500
sale date: 24 Mar 2016
rooms: 2
size: 452 sq ft
sale price: £167,790
sale date: 22 Mar 2016
rooms: 2
size: 517 sq ft
sale price: £171,080
sale date: 21 Mar 2016

Data Sources

The property at Flat 1405, Hewitt, 40 Alfred Street, Reading, RG1 7LY appears two times in the Land Registry records, with the latest transaction recorded on 22 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Oct 2025. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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