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1 bed flat for sale Cherwell Crescent, Reading, RG1

Asking price
£160,000
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Reduced on 14/10/2026

Type
Flat
Bedrooms
1
Bathrooms
1
Size
£386 per sq ft
Tenure
Leasehold
159 years left(from the agent's description)
Service charge £2,113 a year(from the agent's description)No ground rent (peppercorn)(from the agent's description) Council tax Band B £2,032 a year

* From the agent's description. Check it with them before you rely on it.

Key features

  • One Bedroom
  • One Bathroom
  • First Floor
  • Residents Parking
  • Close to Amenities
  • No Onward- Chain

About this property

The property offers light and spacious accommodation comprising: entrance hallway with utility/storage cupboard, one bedroom, one bathroom, a kitchen and lounge/diner . Viewing is recommended.

At the time of Instruction, we have been advised by the vendors of the following information:

  • Council Tax Band B (Reading Borough Council) -

Floorplan

Council tax

Band B £2,032 a year
Per year
  • Band A
    £1,742
  • Band B
    This home: £2,032
  • Band C
    £2,322
  • Band D
    £2,613
  • Band E
    £3,193
  • Band F
    £3,774
  • Band G
    £4,355
  • Band H
    £5,226

This home is in band B, which costs £2,032 a year in Reading for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Reading, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

68 comparables · within 2.3 miles

Cheaper than 82% of the 1-bed flats for sale nearby right now.

This home, £160,000 Median £180,000 · £153,500 – £271,500
Per square foot
£386 3% under
1-bed flats nearby £397
Against sold prices
1% under
RG1 sold median £390 / sq ft, 1,016 sales

Compared with 68 1-bed flats for sale within 2.3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in RG1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in RG1 →

Location

Cherwell Crescent, Reading, RG1

Mortgage and stamp duty

Property price £160,000
£80k £240k
Deposit10% £16,000
£0 £160k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £144,000 mortgage. Most lenders would want a household income of about £32,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
7, Cherwell Crescent Flat / maisonetteMar 2014484 sq ft £268/sq ft£130,000
3, Cherwell Crescent Flat / maisonetteJan 2008495 sq ft £278/sq ft£137,500
5, Cherwell Crescent Flat / maisonetteJan 2007463 sq ft £245/sq ft£113,500
6, Cherwell Crescent Flat / maisonetteNov 2006506 sq ft £255/sq ft£129,200
5, Cherwell Crescent Flat / maisonetteOct 2003463 sq ft £229/sq ft£106,000
6, Cherwell Crescent Flat / maisonetteAug 2003506 sq ft £223/sq ft£113,000
14, Cherwell Crescent Flat / maisonetteAug 2002420 sq ft £267/sq ft£112,000
7, Cherwell Crescent Flat / maisonetteJul 2002484 sq ft £124/sq ft£59,950

All sold prices in Reading →

Area insights

The neighbourhood around this property.

Marketed by
Parkers, Reading
11-12 Market Place, Reading, Berkshire
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