Sold STC House

16 ELDON STREET

READING, READING RG1 4EA

3 beds 1 baths 75 m² Listed 6 Nov 2025 (-258d)

£325,000

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# 3 bedroom house for sale (RG1 4EA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 16 ELDON STREET, READING, READING RG1 4EA |
| Price | £325,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £315,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 03/10/2035
- **Current heating cost:** £765/year
- **Est. upgrade cost to C:** £28,600

### Recommendations
- Q (£7,500 - £11,000)
- W1 (£5,000 - £10,000)
- I (£2,200 - £3,500)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2590-6340-0022-4502-3053)

## Description

Lansley - Offered to the market with no onward chain complications is this charming Victorian terraced home located within the sought after Eldon Square conservation area. The internal accommodation comprises front aspect lounge, rear aspect dining room, kitchen, shower room and three bedrooms (2+1). Externally is a pleasant and private rear garden. Eldon Street is conveniently located close to regular bus routes, Reading train station, Reading college, Royal Berkshire Hospital, Reading University and Reading town centre making this an excellent first time or investment purchase.

## Property Photos

- ![Picture No. 10](/listings/photos/169069082/1107344) - Picture No. 10
- ![Picture No. 04](/listings/photos/169069082/1107345) - Picture No. 04
- ![Picture No. 03](/listings/photos/169069082/1107346) - Picture No. 03
- ![Picture No. 09](/listings/photos/169069082/1107347) - Picture No. 09
- ![Picture No. 07](/listings/photos/169069082/1107348) - Picture No. 07
- ![Picture No. 05](/listings/photos/169069082/1107349) - Picture No. 05
- ![Picture No. 08](/listings/photos/169069082/1107350) - Picture No. 08
- ![Picture No. 06](/listings/photos/169069082/1107351) - Picture No. 06

## Floorplans

- ![Floorplan](/listings/photos/169069082/1107352) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/169069082/1107353) - EPC Rating Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #7744130
- **Address:** 16 Eldon Street, READING, RG1 4EA
- **Certificate Issued:** 08/11/2010
- **Work Completed:** 01/10/2010
- **Items:** 4 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 ELDON STREET, READING, RG1 4EA | £315,000 | 20/02/2026 | Terraced |
| 16 ELDON STREET, READING, RG1 4EA | £168,000 | 08/07/2010 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 23 ELDON STREET, READING, RG1 4EA | £311,550 | 02/12/2022 | Terraced |
| [Same street] 22 ELDON STREET, READING, RG1 4EA | £302,000 | 13/09/2022 | Terraced |
| 278 KINGS ROAD, READING, RG1 4HP | £510,000 | 05/05/2022 | Other |
| [Same street] 19 ELDON STREET, READING, RG1 4EA | £341,000 | 10/03/2022 | Terraced |
| 1 ELDON ROAD, READING, RG1 4DJ | £1,200,000 | 01/12/2021 | Other |
| [Same street] 20 ELDON STREET, READING, RG1 4EA | £299,600 | 11/08/2021 | Terraced |

**Street average:** £313,538 (4 sales)
**Area average:** £855,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £2,740,213 (8 Other, RG1, 2024–2026)
- **Deviation:** -88.1%

## Rental Range

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

- **Low:** £1,419/mo
- **Realistic:** £1,577/mo
- **Optimistic:** £1,735/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 |
|------|------|------|------|------|
| 3 Bed Terraced House, St Johns Road, RG1 | £1,800/mo | 3 | 0.09 miles | OpenRent |

**Average rent: £1,800/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.55% (weak for cashflow)
- **Max investor price (0.8%):** £225,000
- **Target investor price (1%):** £180,000

*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 £1,800/mo).*

- **Gross yield:** 6.6%
- **Cost-to-rent:** 15×
- **Monthly cashflow:** £315/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4%

*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).*

## Price per Square Metre

- **£/m²:** £4,333/m²

## Capital growth trend

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

- **5y growth:** 69.4%
- **10y growth:** -75.3%

## House Price Index (HM Land Registry)

*Official index for Reading; All dwelling types series; as of April 2026.*

- **1y growth (index):** -4.1%
- **5y growth (index):** 10.3%
- **10y growth (index):** 12.2%

## 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)

Picture No. 10 Picture No. 04 Picture No. 03 Picture No. 09 Picture No. 07 Picture No. 05 Picture No. 08 Picture No. 06

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Property details

Tenure

FREEHOLD

Floor area

75 m²

Council tax band

TBC

EPC rating

Last sold

£315,000 Feb 2026

Price per m²

£4,333/m²

Local average

£2,740,213 (-88.1%)

Deprivation

Decile 8 (24,855 of 33,755)

Street crime

761 incidents within 1 mile (May 2026)

Key features

Two/Three Bedrooms
Two Reception Rooms
Conservation Area
No Onward Chain
Convenient Location

Additional details

Garden: Yes

Description

Listed by

Reading

A H Lansley

Reference: 169069082

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 04/10/2025

Expiry date: 03/10/2035

Current heating cost: £765/year

Potential heating cost: £585/year

Est. upgrade cost to C: £28,600

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (£7,500 - £11,000)
Floor insulation (suspended floor) (£5,000 - £10,000)
Replace boiler with new condensing boiler (£2,200 - £3,500)
Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #7744130

Property Details

Street: 16 Eldon Street

Town: READING

Postcode: RG1 4EA

Installation Details

Items: 4 windows

Certificate Issued: 08/11/2010

Work Completed: 01/10/2010

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

88% since 2010

Event	Date	Price	% change
Sold	20/02/2026 (5 months ago)	£315,000	+87.5%
Sold	08/07/2010 (16 years ago)	£168,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 23 ELDON STREET, READING, RG1 4EA	£311,550	02/12/2022	Terraced
Same street 22 ELDON STREET, READING, RG1 4EA	£302,000	13/09/2022	Terraced
278 KINGS ROAD, READING, RG1 4HP	£510,000	05/05/2022	Other
Same street 19 ELDON STREET, READING, RG1 4EA	£341,000	10/03/2022	Terraced
1 ELDON ROAD, READING, RG1 4DJ	£1,200,000	01/12/2021	Other
Same street 20 ELDON STREET, READING, RG1 4EA	£299,600	11/08/2021	Terraced

Street average: £313,538 (4 sales)

Area average: £855,000 (2 sales)

Capital growth trend

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

5y growth 69.4%

10y growth -75.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Reading. Series: All dwelling types. As of April 2026.

1y (index) -4.1%

5y (index) 10.3%

10y (index) 12.2%

Rental Range

Estimated market rent for Reading. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,419/mo

Realistic £1,577/mo

Optimistic £1,735/mo

Based on Local Authority from postcode lookup → Reading.

Location

Map view View on Google Maps View on OpenStreetMap Street View RG1 4EA

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Eldon Road	0.0 miles
Shop	A.B. Walker & Son	0.1 miles
Shop	Nisha Food and Wine	0.1 miles
University	University of Reading, London Road Campus	0.3 miles
Train station	Reading	0.8 miles
University	University of Reading - Whiteknights Campus	1.0 miles
Train station	Reading West	1.4 miles
Hospital	Sue Ryder Duchess of Kent Hospice	2.0 miles
Hospital	Prospect Park Hospital	2.5 miles

Street-level crime

Category	Count
Violence and sexual offences	239
Shoplifting	155
Anti-social behaviour	74
Public order	67
Other theft	56
Criminal damage and arson	30
Drugs	28
Robbery	25
Vehicle crime	23
Burglary	21
Bicycle theft	19
Theft from the person	11
Other crime	8
Possession of weapons	5
Total incidents	761

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

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Red Balloon Learner Centre Reading	Other	0.0 miles	— (No rating)
St John's Church of England Primary School	Primary	0.2 miles	Good — 9 Nov 2022
The Deenway Montessori School	Other	0.3 miles	Good — 2 Jul 2024
Kendrick School	Secondary	0.3 miles	Outstanding — 12 Jan 2023
Reading School	Secondary	0.4 miles	Outstanding — 31 Jan 2024

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
3 Bed Terraced House, St Johns Road, RG1	£1,800/mo	3	0.09 miles	OpenRent

Average rent: £1,800/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.55%

Max investor price (0.8%) £225,000

Target investor price (1%) £180,000

Gross yield 6.6%

Cost-to-rent ratio 15×

Monthly cashflow £315/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 4%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).