Property profile

Flat 340 Redlands Road

Map showing Flat 3, 40 Redlands Road, Reading

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£150,000

Flats sold in Redlands

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold12 May 1999
£49,900Change since last sale: +£102,000 (+205%)
Annualised change
+4.2% per yearReading annualised change (flats) since 1999: +4.7% per yearThis property's value grew slower than the market
Price per sq ftLocal median £381 per sq ft
£524 per sq ftEstimate vs local median: +£143 per sq ft (+38%)
Local sold pricesMedian for flats in Redlands
£200,000Estimate vs local median: −£48,000 (−24%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / End-Terrace
TenureLeasehold
Construction periodbefore 1900
Floor area27 m² / 291 sq ft
Rooms1 habitable / 1 heated
Floor level1
EPC ratingD
EPC inspection21 Apr 2022

Sales history

DatePriceChange
12 May 1999£49,900+76%
12 Sept 1997£28,300-

Local market

Property prices in Redlands

Median price: £300,000
Price per sq ft: £385
Sales (last 12 months): 91
Typical range (middle 50%): £220K – £371K

Based on 91 recent sales, the median property price is £300,000 (about £385 per square foot) in Redlands area, with individual transactions ranging from £80,000 up to £1,100,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Redlands over the last year.
TypeSalesMedian£/sq ft
Detached6£627,000£418
Semi-Detached10£571,000£434
Terraced43£325,000£392
Flats32£200,000£381

10-year price trendmedian sale price in Redlands

Sale price

Ten year median sale price trend for each property type in Redlands.
YearDetachedFlatsSemi-DetachedTerraced
2016£585,000£212,500£426,000£286,500
2017£714,950£250,000£433,250£300,000
2018£632,500£262,500£392,500£285,000
2019£527,849£220,000£541,750£280,575
2020£875,000£210,000£440,000£295,000
2021£701,000£230,000£521,500£297,300
2022£866,000£245,000£501,500£333,750
2023£944,000£205,000£613,000£314,232
2024£735,000£200,000£508,750£335,000
2025£650,000£205,000£572,000£343,000
2026£692,500£185,000£473,250£315,000
Ten year median sale price trend for each property type in Redlands.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Redlands.
YearDetachedFlatsSemi-DetachedTerraced
2016£486£583£357£395
2017£391£402£341£382
2018£421£422£399£373
2019£344£412£352£353
2020£370£397£395£351
2021£438£395£366£381
2022£452£394£411£408
2023£424£357£387£410
2024£422£403£399£399
2025£477£385£385£406
2026£309£348£434£396
Ten year median sale price per square foot trend for each property type in Redlands.

Price distribution by property typelast 12 months

Price distribution by property type for Redlands in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near RG1 5HE.

Recent sold properties in the last 18 months near RG1 5HE
DateAddressTypeTenurePriceMap
07 Oct 20256, Allcroft Road, Reading, RG1 5HHDetachedFreehold£436,500
24 Nov 2025Flat 1, 52, Morgan Road, Reading, RG1 5HGFlatsLeasehold£310,000
23 Jun 202538, Morgan Road, Reading, RG1 5HGSemi-DetachedFreehold£725,000
04 Sept 20253, Cadugan Place, Reading, RG1 5PNFlatsLeasehold£302,500
18 Jul 20259, Lancaster Close, Reading, RG1 5HBDetachedFreehold£750,000

Other properties at this postcode

AddressTenureFloor areaLast sale
46 Redlands Road, Reading-333 m²-
Flat 1, 40 Redlands Road, Reading, Reading-47 m²-
Flat 2, 40 Redlands Road, ReadingLeasehold36 m²£158,000 (2014)
Flat 4, 40, Redlands Road, Reading-34 m²-
Flat 5, 40, Redlands Road, ReadingLeasehold38 m²£125,000 (2014)
Flat 8, 40, Redlands Road, ReadingLeasehold39 m²£160,000 (2024)
Flat 9, 40 Redlands Road, ReadingLeasehold35 m²£148,000 (2022)

Area insights for RG1 5HE

Full area profile →

Overview

Postcode RG1 5HE is located in an urban city, within the Redlands area of Reading in the South East region, and forms part of the Southampton Street & Redlands Road area. It has low deprivation and very high crime levels, with around 120.8 crimes per 1,000 residents per year, roughly 1.4× the South East average of 84 per 1,000. The average income per household in Southampton Street & Redlands Road is £60,355 per year. The median sale price in Redlands is £300,000 (around £385 per square foot), with typical sale prices between £220,000 and £370,750. The nearest station is Reading, about 1 miles away. There are 7 primary and 5 secondary schools in the area. There are 2 parks nearby, the closest medium park is Cintra Park.

Crime rate
9/10
Crimes per 1k residents
121
Deprivation level
3/10
Income level
5/10
Social housing
31.6%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

3/10

Southampton Street & Redlands Road has a low level of deprivation, ranked at position 24,855 out of 32,844 areas in England, placing it within the bottom 24% least deprived areas in England.

Crime level

9/10

Southampton Street & Redlands Road has a very high crime rate, with approximately 120.8 reported incidents per 1,000 population each year.

Social housing

31.6%

Approximately 31.6% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 10.9% of dwellings are socially rented.

Income level

5/10

The average income per household in Southampton Street & Redlands Road is £60,355 per year.

Noise Level

No noise

No significant noise sources from railways or roads near RG1 5HE.

Flood risk

No risk

Southampton Street & Redlands Road near RG1 5HE has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Reading located about 1 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for RG1 5HE
DistanceNameSizeDirections
0.4 miCintra ParkMediumWalking directions to Cintra Park
0.4 miKing George V GardensSmallWalking directions to King George V Gardens

Area Profile

Population
355
Population density
1,789.8 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
58.47(+84%)
Anti-social behaviour
16.39(+33%)
Vehicle crime
12.02(+224%)
Other theft
11.48(+105%)
Public order
10.93(+80%)
South East average

Demographics

Ethnic groups

British
149
42.57%
Other White
55
15.71%
Chinese
33
9.43%
Indian
19
5.43%
African
19
5.43%
Total population: 350

Economics

Education (age 16+)

Level 4+ (Degree)
167
59.01%
Level 3 (A level)
55
19.43%
Level 2 (GCSEs 9-4)
23
8.13%
No qualifications
17
6.01%
Level 1 (GCSEs 3-1)
12
4.24%
Total 16+ residents: 283

Housing

Housing tenure

Private landlord or letting agency
46
40.35%
Other social rented
31
27.19%
Owns outright
18
15.79%
Owns with a mortgage
8
7.02%
Other forms of private rent
6
5.26%
Total households: 114

Schools

In the RG1 5HE postcode area, located within Southampton Street & Redlands Road, there are 7 primary and 5 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s inspection details to see the full breakdown.

Nearby schools for RG1 5HE
DistancePhaseNameTypeRatingLinks
0.2 miSecondaryReading SchoolAcademy converter
0.2 miNot applicableGroveside SchoolOther independent special school
0.2 miNot applicableThe Abbey School ReadingOther independent school

Local amenities

15 nearby supermarkets & convenience stores within 0.5 mi of RG1 5HE

Nearby supermarkets & convenience stores for RG1 5HE
DistanceNameAddressDirections
0.2 miGeneral Convenience Shop League of FriendsCraven Road, Reading, RG1 5LEWalking directions to General Convenience Shop League of Friends
0.3 miCostcutter68 Christchurch Road, Reading, RG2 7AZWalking directions to Costcutter
0.3 miPremier72 Christchurch Road, Reading, RG2 7AZWalking directions to Premier
0.3 miTesco ExpressWhitley Street, Reading, RG2 0EGWalking directions to Tesco Express
0.3 miPremierHighgrove Street, Reading, RG1 5BQWalking directions to Premier