Flat 4, 40 Milman Road, Reading, RG2 0AY is a leasehold flat built between 1900-1929. The property offers approximately 398 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £191,497 , which equates to approximately £481 per square foot. It was last sold on 28 Jun 2004 for £114,000. Since then, the value has increased by £77,497, representing a 68.0% increase, or approximately 3.2% per year.

The current estimated value of £191,497 is:

  • 36.7% lower than the average property price on Milman Road
  • 56.7% lower than the average in the RG2 0AY postcode area
  • and 54.2% lower than the average price for Reading as a whole

View sold house prices in RG2 0AY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£191,497
Price Per sq ft (estimate)
£481
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 40 Milman Road, Reading, RG2 0AY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Jan 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Oct 2009, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 63.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG2 0AY

16 th / 17
Price Rank
57% lower than average
10 th / 12
Size Rank
66% smaller than average
3 rd / 12
Price Per Sq FT Rank
28% higher than average

Compared to other properties in RG2 0AY , this flat's estimated value ranks 16th out of 17. Based on price per square foot, it ranks 3rd out of 12 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 10th out of 12 properties in its postcode area.

Sale History

Today
£191,497
streetscan.co.uk estimate
+68 %
28 Jun 2004
£114,000
Leasehold
+31 %
2 Oct 2003
£87,000
Leasehold
-3.3 %
15 Apr 2002
£89,950
Leasehold
+29.4 %
14 Apr 2000
£69,500
Leasehold
+51.9 %
15 Jan 1999
£45,750
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 2, 40 Milman Road, Reading, RG2 0AY
rooms: 2
size: 366 sq ft
sale price: £145,000
sale date: 31 Oct 2022
Flat J, 9 Milman Road, Reading, RG2 0AZ
rooms: 2
size: 366 sq ft
sale price: £170,000
sale date: 1 Dec 2017
Flat K, 9 Milman Road, Reading, RG2 0AZ
rooms: 2
size: 441 sq ft
sale price: £154,000
sale date: 1 Feb 2016
Flat G, 9 Milman Road, Reading, RG2 0AZ
rooms: 2
size: 388 sq ft
sale price: £70,000
sale date: 26 Jul 2015
Flat 6, 3 Milman Road, Reading, RG2 0AZ
rooms: 2
size: 409 sq ft
sale price: £89,950
sale date: 30 Sep 2011

Data Sources

The property at Flat 4, 40 Milman Road, Reading, RG2 0AY appears five times in the Land Registry records, with the latest transaction recorded on 28 Jun 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jan 2020. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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