# HEWITT, 40 FLAT 907 ALFRED STREET, READING, RG1 7LS

## Property details

- Slug: `dd73f58` (address key hash: `dd73f588be7ea2c60c17ee954346f5901e47f272`)
- Postcode: RG1 7LS
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 2
- Bathrooms: 2
- Last sold: £265,000 May 2026
- Local average: £233,536 (76 sales)
- Street crime: 941 incidents within 1 mile (Aug 2026)

## Latest sale

- Price: £265,000
- Date: 2026-05-06
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-05-06 | £265,000 | Flat | -28.4% | £257,327 (to July 2026) | [View](http://87.117.209.195:8080/house-prices/5340b1c5-21a2-8052-e063-4804a8c06ee4) |
| Sold | 2016-03-10 | £369,950 | Flat | — | £385,125 (to July 2026) | [View](http://87.117.209.195:8080/house-prices/31fb4c16-df5b-57b9-e050-a8c063053436) |

*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 |
|---------|-------|------|------|
| HEWITT, 40 FLAT 907 ALFRED STREET, READING, RG1 7LS | £265,000 | 06/05/2026 | Flat |
| HEWITT, 40 FLAT 907 ALFRED STREET, READING, RG1 7LS | £369,950 | 10/03/2016 | Flat |

## Historic listings

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

- Matched listing: [166112813](http://87.117.209.195:8080/listings/b6c6875)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £265,000 |
| listed | 2025-08-22 | £270,000 |
| sold | 2016-01-01 | £369,950 |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| HALCYON FLAT 21 CHATHAM PLACE, READING, RG1 7JW | £296,000 | 13/01/2026 | Flat |
| HUNSAKER FLAT 12 ALFRED STREET, READING, RG1 7AU | £260,000 | 19/12/2025 | Flat |
| HEWITT, 40 FLAT 1203 ALFRED STREET, READING, RG1 7LY | £306,000 | 28/11/2025 | Flat |
| HAYWARD FLAT 34 CHATHAM PLACE, READING, RG1 7AZ | £360,000 | 30/06/2025 | Flat |
| 41 STRATHEDEN PLACE, READING, RG1 7BH | £220,000 | 27/03/2025 | Flat |
| MAYER HOUSE FLAT 92 CHATHAM PLACE, READING, RG1 7AN | £195,000 | 11/03/2024 | Flat |
| 2 FLAT 5 WELDALE STREET, READING, RG1 7BX | £165,000 | 15/12/2023 | Flat |
| HEWITT, 40 FLAT 806 ALFRED STREET, READING, RG1 7LS | £250,000 | 04/10/2023 | Flat |
| 8 STRATHEDEN PLACE, READING, RG1 7BH | £230,000 | 20/09/2023 | Flat |
| HERMITAGE FLAT 5 CHATHAM STREET, READING, RG1 7LF | £325,000 | 07/08/2023 | Flat |
| MAYER HOUSE FLAT 43 CHATHAM PLACE, READING, RG1 7AN | £295,000 | 25/05/2023 | Flat |
| HAYWARD FLAT 17 CHATHAM PLACE, READING, RG1 7AZ | £187,000 | 26/04/2023 | Flat |
| HERMITAGE FLAT 32 CHATHAM STREET, READING, RG1 7LF | £225,000 | 21/04/2023 | Flat |
| 23 STRATHEDEN PLACE, READING, RG1 7BH | £215,000 | 06/04/2023 | Flat |
| THE CHATHAM 6 THORN WALK, READING, RG1 7BJ | £182,500 | 09/12/2022 | Flat |
| THE CHATHAM 10 THORN WALK, READING, RG1 7BJ | £200,000 | 04/11/2022 | Flat |
| MAYER HOUSE FLAT 9 CHATHAM PLACE, READING, RG1 7AN | £310,000 | 21/10/2022 | Flat |
| HERMITAGE FLAT 10 CHATHAM STREET, READING, RG1 7LF | £313,500 | 14/10/2022 | Flat |
| THE CHATHAM 2 THORN WALK, READING, RG1 7BJ | £220,000 | 30/09/2022 | Flat |
| THE PICTURE HOUSE FLAT 21 CHEAPSIDE, READING, RG1 7AB | £196,000 | 23/09/2022 | Flat |

**Area average:** £247,550 (20 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 |
|---------|-------|------|------|----------|
| [Cross Street, Reading, RG1](http://87.117.209.195:8080/listings/bece68b) | £200,000 | 2 | Flat | 0.32 mi |
| [1 Cox Terrace, Reading RG1](http://87.117.209.195:8080/listings/fe742e6) | £315,000 | 2 | Flat | 0.38 mi |
| [Cox Terrace, Reading](http://87.117.209.195:8080/listings/a80a8c8) | £349,999 | 2 | Flat | 0.38 mi |
| [Cox Terrace, Reading, RG1](http://87.117.209.195:8080/listings/6f6f02c) | £350,000 | 2 | Flat | 0.38 mi |

## Capital growth trend

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

- **5y growth:** -5.5%
- **10y growth:** -6.6%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -3.8%
- **5y growth (index):** 3.2%
- **10y growth (index):** 0.1%

## Rental Range

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

- **Low:** £1,424/mo
- **Realistic:** £1,582/mo
- **Optimistic:** £1,740/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 |
|------|------|------|------|------|
| 2 Bed Terraced House, Great Knollys St, RG1 | £1,550/mo | 2 | 0.23 miles | OpenRent |

**Average rent: £1,550/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £193,750
- **Target investor price (1%):** £155,000

*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 £1,550/mo).*

- **Gross yield:** 7%
- **Cost-to-rent:** 14.2×
- **Monthly cashflow:** £326/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.1%

*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:** Job (default Low)

[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 | 269 |
| Shoplifting | 181 |
| Anti-social behaviour | 97 |
| Other theft | 93 |
| Public order | 78 |
| Criminal damage and arson | 58 |
| Vehicle crime | 38 |
| Drugs | 37 |
| Robbery | 27 |
| Burglary | 19 |
| Bicycle theft | 16 |
| Theft from the person | 14 |
| Other crime | 8 |
| Possession of weapons | 6 |
| **Total incidents** | **941** |

*Within 1 mile during Aug 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 | 0.1 miles | Good — 11 Oct 2018 |
| Oxford Road Community School | Primary | 0.3 miles | Good — 10 Nov 2014 |
| E P Collier Primary School | Primary | 0.4 miles | Good — 21 Mar 2023 |
| Coley Primary School | Primary | 0.4 miles | Good — 12 Nov 2014 |
| All Saints Church of England Aided Infant School | Primary | 0.5 miles | Good — 12 Jul 2012 |