Sold STC Flat

Flat 34

GREENHAM MILL, MILL LANE, NEWBURY, WEST BERKSHIRE RG14 5QW

2 beds 1 baths 560 sq ft Listed 23 Jun 2025 (-355d)

£200,000

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Property photo

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

52 m²

Council tax band

C

Year built

England and Wales: 1983-1990

Last sold

£205,000 Oct 2025

Price per m²

£3,846/m²

Local average

£209,119 (-4.4%)

Deprivation

Decile 5 (16,095 of 33,755)

Street crime

232 incidents within 1 mile (Apr 2026)

Key features

  • No onward chain
  • South facing balcony
  • Second (top) floor
  • Two bedrooms
  • Smart kitchen
  • Well presented
  • Two under cover parking spaces
  • Walk to town
  • Communal garden
  • Share of Freehold. Lease 999 years. Service Charge: £1293.02 per annum

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Parking
Allocated
Garden
Communal garden
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

NO ONWARD CHAIN.  Share of freehold.  Located within a short walk along the canal path or road to the town centre, shops, restaurants, bars and mainline rail station is this two bedroom top floor flat with south facing balcony providing great views along the river Kennet.  The property has the added benefit of two under cover parking spaces next to the entrance.  The light accommodation consists of communal security entry system, stairs to second floor, through personal front door to hall, open plan living/dining room with door to south facing balcony, smart kitchen, master bedroom, further bedroom and bathroom.  Benefits include communal garden, upvc double glazing, electric heating.
LOCATION
The pretty market town of Newbury offers a wide range of shopping facilities including a twice weekly local market, pedestrianised high street with local and national retail stores and major grocery outlets. There is a variety of cafes, restaurants and bars, a multi-screen cinema and the historic Corn Exchange theatre. Newbury also has a mainline train station with services direct to Reading and London Paddington.

Listed by

Newbury

Downer & Co

Reference: 163668878

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Flat 34, Greenham Mill, Mill Lane, NEWBURY 70 77 52 m² England and Wales: 1983-1990 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

EPC 2

EPC 2

Price history

Event Date Price % change
Sold 03/10/2025 (8 months ago) £205,000 —

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
11 GOULD CLOSE, NEWBURY, WEST BERKSHIRE, RG14 5QN £215,000 05/12/2025 Flat
88 WINDSOR COURT, NEWBURY, WEST BERKSHIRE, RG14 5XG £197,500 05/12/2025 Flat
TIMSON COURT FLAT 3 GOULD CLOSE, NEWBURY, WEST BERKSHIRE, RG14 5QL £185,000 24/11/2025 Flat
4 WINDSOR COURT, NEWBURY, WEST BERKSHIRE, RG14 5XE £177,000 21/11/2025 Flat
GREENHAM MILL FLAT 29 MILL LANE, NEWBURY, WEST BERKSHIRE, RG14 5QW £207,650 10/01/2025 Flat
GREENHAM MILL FLAT 19 MILL LANE, NEWBURY, WEST BERKSHIRE, RG14 5QW £196,000 20/10/2023 Flat
TIMSON COURT FLAT 12 GOULD CLOSE, NEWBURY, WEST BERKSHIRE, RG14 5QL £190,000 15/09/2023 Flat
53 WINDSOR COURT, NEWBURY, WEST BERKSHIRE, RG14 5XG £175,000 31/03/2023 Flat
7 GOULD CLOSE, NEWBURY, WEST BERKSHIRE, RG14 5QN £215,000 10/03/2023 Flat
9 WINDSOR COURT, NEWBURY, WEST BERKSHIRE, RG14 5XE £188,500 08/12/2022 Flat
GREENHAM MILL FLAT 61 MILL LANE, NEWBURY, WEST BERKSHIRE, RG14 5QW £200,000 24/11/2022 Flat
95 WINDSOR COURT, NEWBURY, WEST BERKSHIRE, RG14 5XG £190,000 18/11/2022 Flat
REGAL COURT 3 THORNYCROFT CLOSE, NEWBURY, WEST BERKSHIRE, RG14 5QG £225,000 11/11/2022 Flat
GREENHAM MILL FLAT 17 MILL LANE, NEWBURY, WEST BERKSHIRE, RG14 5QW £210,000 31/10/2022 Flat
TIMSON COURT FLAT 7 GOULD CLOSE, NEWBURY, WEST BERKSHIRE, RG14 5QL £237,500 26/10/2022 Flat
ALEXANDER COURT FLAT 6 BOUNDARY ROAD, NEWBURY, WEST BERKSHIRE, RG14 5QE £203,000 17/10/2022 Flat
HEATHFIELD HOUSE FLAT 22 CARPENTERS CLOSE, NEWBURY, WEST BERKSHIRE, RG14 5AR £102,000 14/10/2022 Flat
54 WINDSOR COURT, NEWBURY, WEST BERKSHIRE, RG14 5XG £90,000 12/10/2022 Flat
22 WINDSOR COURT, NEWBURY, WEST BERKSHIRE, RG14 5XE £207,000 26/08/2022 Flat
ATLANTEAN COURT FLAT 2 THORNYCROFT CLOSE, NEWBURY, WEST BERKSHIRE, RG14 5QG £230,000 16/08/2022 Flat

Area average: £192,058 (20 sales)

Capital growth trend

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

5y growth -6.6%
10y growth -3.2%

House Price Index (HM Land Registry — official index, not sold-price averages): West Berkshire. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.1%
5y (index) 7.3%
10y (index) 13.9%

Rental Range

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

Low £1,155/mo
Realistic £1,283/mo
Optimistic £1,411/mo

Based on Local Authority from postcode lookup → West Berkshire.

LHA (30th percentile) floor for Cherwell Valley: £947/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View RG14 5QW

Address

Greenham Mill

Nearby

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

Type Name Distance
Shop Speed Queen 0.1 miles
Shop Screwfix 0.1 miles
Bus stop Newport Road 0.3 miles
Train station Newbury Racecourse 0.4 miles
Train station Newbury 0.5 miles
Hospital West Berkshire Community Hospital 1.0 miles
Hospital Thornford Park 3.1 miles

Street-level crime

Category Count
Violence and sexual offences 79
Anti-social behaviour 38
Criminal damage and arson 30
Shoplifting 26
Public order 21
Vehicle crime 11
Other theft 10
Burglary 9
Bicycle theft 4
Drugs 4
Total incidents 232

Within 1 mile during Apr 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
St Joseph's Catholic Primary School Primary 0.3 miles Good — 16 Oct 2012
Victoria Park Nursery School & Family Hub Nursery 0.3 miles Outstanding — 18 Oct 2012
St Nicolas C.E. Junior School Primary 0.6 miles — (Inspected (no overall grade))
The Winchcombe School Primary 0.6 miles Good — 21 Oct 2011
Speenhamland School Primary 0.6 miles Good — 15 Jun 2023

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 Flat, Mill Lane, RG14 £1,250/mo 2 0.1 miles OpenRent
2 Bed Flat, Doyen Court, RG14 £1,300/mo 2 0.12 miles OpenRent
2 Bed Flat, Atlantean Court, RG14 £1,250/mo 2 0.12 miles OpenRent
2 Bed Flat, Windsor Court, RG14 £1,150/mo 2 0.14 miles OpenRent
2 Bed Flat, Martingale Chase, RG14 £1,245/mo 2 0.27 miles OpenRent
2 Bed End Terrace, Kennet Place, RG14 £1,425/mo 2 0.3 miles OpenRent
2 Bed Flat, Mill Reef House, RG14 £1,300/mo 2 0.37 miles OpenRent
2 Bed Flat, Hutton Close, RG14 £1,700/mo 2 0.45 miles OpenRent
2 Bed Flat, Hutton Close, RG14 £1,425/mo 2 0.46 miles OpenRent
2 Bed Flat, Oddfellows Road, RG14 £1,250/mo 2 0.54 miles OpenRent
2 Bed Flat, Southmead House, RG14 £1,450/mo 2 0.58 miles OpenRent
2 Bed Flat, Two Rivers Way, RG14 £1,225/mo 2 0.72 miles OpenRent
2 Bed Flat, Two Rivers Way, RG14 £1,225/mo 2 0.72 miles OpenRent
2 Bed Flat, Two Rivers Way, RG14 £1,250/mo 2 0.72 miles OpenRent

Average rent: £1,318/mo (14 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.63%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 7.5%
Cost-to-rent ratio 13.3×
Monthly cashflow £312/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 6.5%
  • 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).

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