# 1 FLAT 12 STATION ROAD, READING, RG1 1LH

## Property details

- Slug: `c6cc933` (address key hash: `c6cc9331a90e6ea6e7c575302f9a37c69e420f3e`)
- Postcode: RG1 1LH
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 1
- Bathrooms: 1
- Last sold: £240,000 May 2026
- Local average: £233,850 (75 sales)
- Street crime: 928 incidents within 1 mile (Jul 2026)

## Latest sale

- Price: £240,000
- Date: 2026-05-13
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-05-13 | £240,000 | Flat | -1.6% | £241,238 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/5340b1c5-2206-8052-e063-4804a8c06ee4) |
| Sold | 2022-11-09 | £244,000 | Flat | — | £239,814 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/1c3e72fd-d4e7-f410-e063-4804a8c0dfa6) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 FLAT 12 STATION ROAD, READING, RG1 1LH | £240,000 | 13/05/2026 | Flat |
| 1 FLAT 12 STATION ROAD, READING, RG1 1LH | £244,000 | 09/11/2022 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [171019406](http://87.117.209.195:8080/listings/0dca433)

| Event | Date | Price |
|-------|------|-------|
| listed | 2026-01-14 | £245,000 |
| sold | 2026-01-01 | £240,000 |
| sold | 2022-01-01 | £244,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 FLAT 10 STATION ROAD, READING, RG1 1LH | £220,000 | 30/06/2023 | Flat |
| 1 FLAT 5 STATION ROAD, READING, RG1 1LH | £252,500 | 11/05/2023 | Flat |
| 1 FLAT 14 STATION ROAD, READING, RG1 1LH | £225,000 | 24/03/2023 | Flat |
| 1 FLAT 15 STATION ROAD, READING, RG1 1LH | £295,000 | 15/03/2023 | Flat |
| 1 FLAT 7 STATION ROAD, READING, RG1 1LH | £310,000 | 13/12/2022 | Flat |
| 1 FLAT 4 STATION ROAD, READING, RG1 1LH | £280,000 | 30/11/2022 | Flat |
| 1 FLAT 3 STATION ROAD, READING, RG1 1LH | £275,000 | 07/11/2022 | Flat |
| TAMAR HOUSE, 7 - 11 FLAT 12 STATION ROAD, READING, RG1 1LG | £255,000 | 13/10/2021 | Flat |

**Area average:** £264,063 (8 sales)

## For sale comparables

*Active for-sale listings within 1 mile, matched to the same property type and bedroom count.*

| Address | Price | Beds | Type | Distance |
|---------|-------|------|------|----------|
| [Regent Court, Reading, RG1](http://87.117.209.195:8080/listings/2cff3d0) | £165,000 | 1 | Flat | 0.26 mi |

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 5.7%
- **10y growth:** -17.2%

## House Price Index (HM Land Registry)

*Official index for Reading; Flats and maisonettes series; as of June 2026.*

- **1y growth (index):** -1.1%
- **5y growth (index):** 7%
- **10y growth (index):** 6%

## Rental Range

*ONS Price Index of Private Rents (Reading). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,416/mo
- **Realistic:** £1,573/mo
- **Optimistic:** £1,730/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Projection West, RG1 | £2,600/mo | 1 | 0.05 miles | OpenRent |
| Studio Flat, Mcilroys Building, RG1 | £950/mo | 1 | 0.2 miles | OpenRent |
| 1 Bed Flat, Castle Street, RG1 | £1,300/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, Hunsaker, RG1 | £1,325/mo | 1 | 0.32 miles | OpenRent |
| 1 Bed Flat, King's Rd, RG1 | £1,095/mo | 1 | 0.36 miles | OpenRent |
| 1 Bed Flat, Queens Road, RG1 | £2,450/mo | 1 | 0.39 miles | OpenRent |

**Average rent: £1,620/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.55% (weak for cashflow)
- **Max investor price (0.8%):** £164,125
- **Target investor price (1%):** £131,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,313/mo).*

- **Gross yield:** 6.6%
- **Cost-to-rent:** 15.2×
- **Monthly cashflow:** £212/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 289 |
| Shoplifting | 188 |
| Anti-social behaviour | 102 |
| Public order | 74 |
| Other theft | 71 |
| Vehicle crime | 44 |
| Criminal damage and arson | 40 |
| Burglary | 31 |
| Bicycle theft | 29 |
| Robbery | 16 |
| Drugs | 14 |
| Other crime | 13 |
| Theft from the person | 13 |
| Possession of weapons | 4 |
| **Total incidents** | **928** |

*Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Civitas Academy | Primary | 0.4 miles | Good — 11 Oct 2018 |
| E P Collier Primary School | Primary | 0.4 miles | Good — 21 Mar 2023 |
| The Deenway Montessori School | Other | 0.5 miles | Good — 2 Jul 2024 |
| Katesgrove Primary School | Primary | 0.5 miles | Good — 10 Jan 2018 |
| Kendrick School | Secondary | 0.5 miles | Outstanding — 12 Jan 2023 |
