Flat 1505, Hewitt, 40 Alfred Street, Reading, RG1 7LY is a leasehold flat built between 2012-2021. The property offers approximately 463 square feet of living space and is situated on the 15th 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 £166,410 , which equates to approximately £360 per square foot. It was last sold on 18 Mar 2016 for £156,193. Since then, the value has increased by £10,217, representing a 6.5% increase, or approximately 0.7% per year.

The current estimated value of £166,410 is:

  • 32.9% lower than the average property price on Alfred Street
  • 28.3% lower than the average in the RG1 7LY postcode area
  • and 56.7% lower than the average price for Reading as a whole

At the most recent EPC inspection on 20 October 2025, the property was recorded as owner-occupied.

View sold house prices in RG1 7LY

Building approximate location

About Property

Type
Flat
Built
2012-2021
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
15th floor of 18
Price (estimate)
£166,410
Price Per sq ft (estimate)
£360
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1505, Hewitt, 40 Alfred Street, Reading, RG1 7LY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 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 12 Nov 2015, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.4%.

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 updated from low energy lighting in all fixed outlets to good lighting efficiency, with efficiency changing from very good to 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
Good lighting efficiency
Good

Compared to RG1 7LY

61 st / 67
Price Rank
28% lower than average
52 nd / 67
Size Rank
19% smaller than average
53 rd / 67
Price Per Sq FT Rank
12% lower than average

Compared to other properties in RG1 7LY , this flat's estimated value ranks 61th out of 67. Based on price per square foot, it ranks 53th 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 52th out of 67 properties in its postcode area.

Sale History

Today
£166,410
streetscan.co.uk estimate
+7 %
18 Mar 2016
£156,193
Leasehold
+11.1 %
14 Dec 2015
£140,545
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: 527 sq ft
sale price: £269,950
sale date: 24 Mar 2016
rooms: 2
size: 452 sq ft
sale price: £156,933
sale date: 22 Mar 2016

Data Sources

The property at Flat 1505, Hewitt, 40 Alfred Street, Reading, RG1 7LY appears two times in the Land Registry records, with the latest transaction recorded on 18 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 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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