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The Monastery, 2, Carmelite Drive, Reading, RG30 2SA

How much is The Monastery, 2, Carmelite Drive, Reading, RG30 2SA worth?

Estimated value — July 2026

£311,000

Likely range £232,000 – £381,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale July 2012

54%

confidence

Medium

Typically within 11% of the sale price

Property details

Flat / Maisonette

Carmelite Drive · Reading · RG30 2SA

Address

District
Reading
County
Reading
See house prices in RG30 →

Value over time

  • Modelled value
  • Recorded sale
  • Likely range (80%)
  • Today's estimate
£100k£200k£300k£400k£500k2002200420062008201020122014201620182020202220242026£311,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. A sale we treat with caution is shown but the line doesn't pass through it. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely rangeRecorded sale
2001£248,120£212,962 – £320,817£237,000
2002£283,119£247,371 – £334,781—
2003£268,635£233,690 – £310,179—
2004£281,059£242,957 – £323,602—
2005£262,869£228,954 – £303,760—
2006£263,119£229,984 – £313,107—
2007£266,746£227,739 – £352,577—
2008£216,669£187,965 – £268,460£249,950
2009£223,151£194,827 – £260,581—
2010£233,671£204,090 – £274,577—
2011£238,193£205,534 – £301,418—
2012£245,862£210,202 – £317,400£248,000
2013£254,117£218,746 – £301,582—
2014£290,760£246,717 – £339,261—
2015£326,838£272,789 – £382,171—
2016£343,291£282,004 – £403,928—
2017£355,480£287,704 – £421,551—
2018£336,314£268,615 – £400,666—
2019£316,274£249,780 – £377,869—
2020£312,733£244,276 – £375,112—
2021£326,111£251,851 – £393,081—
2022£348,400£266,316 – £421,948—
2023£327,533£248,224 – £398,319—
2024£329,799£248,286 – £402,542—
2025£323,550£242,186 – £395,946—
2026£311,000£232,000 – £381,000—

Sale history

2001Sold
£237,000
2008Sold
+5%£249,950
2012Sold
-1%£248,000
2026Today — estimated
+25%£311,000

Mortgage calculator

£1,669

Estimated monthly repayment

£279,900

Loan amount

£320,996

Total interest

£600,896

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

The Monastery, 2, Carmelite Drive, Reading, RG30 2SA is a flat on Carmelite Drive in Reading. Stede's estimated value for July 2026 is £311,000. Four in five similar homes sold within their likely range when tested; for this property that range is £232,000 to £381,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 155 similar homes in the same postcode sector (25%). The confidence score is 54 out of 100 (medium): estimates like this one are typically within 11% of the eventual sale price.

It last sold in July 2012 for £248,000. It has 3 sales on record, the earliest in 2001. The current estimate is 25% higher than that price. The current owner has held it for about 14 years.

The modelled value is down 5% over the past year and down 3% over the past five years.

Among 7 nearby properties Stede tracks in the RG30 area, estimated values run from £285,000 to £414,000. This flat's £311,000 sits toward the lower end of that range.

Common questions

How much is The Monastery, 2, Carmelite Drive, Reading, RG30 2SA worth?

Stede estimates The Monastery, 2, Carmelite Drive, Reading, RG30 2SA is worth £311,000 as of July 2026, within a likely range of £232,000 to £381,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did The Monastery, 2, Carmelite Drive, Reading, RG30 2SA last sell?

It last sold in July 2012 for £248,000. There are 3 sales on record, the earliest in 2001.

What type of property is The Monastery, 2, Carmelite Drive, Reading, RG30 2SA?

It is recorded as a Flat / Maisonette on Carmelite Drive in the RG30 postcode area.

How reliable is this estimate?

The confidence score is 54 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 11% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 155 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 50,847 real sales of similar homes.

  • Its sale in July 2012, brought up to today with the House Price Index£343,83475%
  • 155 similar homes sold recently in the same postcode sector£211,88225%

Estimate £311,000, likely £232,000 – £381,000

Read the full methodology and data sources →